19 April 2011
We have just completed one of the busiest quarters for Audley in over 3 years. Sales of individual homes at our villages have been at a higher level than we have seen since the financial crisis began in 2008.
This certainly seems to be flying in the face of economic news from around the UK. Fears for the public sector and a continued shortage of funds for mortgages has left the UK housing industry in a reasonably fragile state. However, Audley is bucking the trend. We have similarly seen all of our Audley Care branches have an increasing demand for housekeeping and care within people's own homes.
We are hopeful of some good news soon on the funding front which will allow us to commence all of our projects as demand continues to grow. So although there has not been much to cheer the UK consumer recently, Audley's offering of high quality retirement living seems to be striking a cord.