Inland Homes is looking to boost income from its partnerships amid strong appetite from housing associations and build-to-rent funders.
The housebuilder delivered 339 homes through its partnership model in the 15 months ended 30 September, up from 82 during the same period a year earlier.
This compares to 200 open-market completions, down from 275 in 2018.
In a trading update ahead of its end-of-year results, the company reported revenue of £151m, consistent with 2018 levels.
Inland Homes said demand from housing associations for “turnkey” projects was “exceptionally strong”, backed by its 7,796-home landbank.
The housebuilder will seek to “significantly” grow its partnership housing business and expects to secure its first build-to-rent opportunities early in the next financial year.
It is currently reviewing development funding options for its £350m Wilton Park site and £650m Cheshunt Lakeside regeneration, which together have consent for 2,000 homes.
Group chief executive Stephen Wicks said: “The business is performing well at all levels and we are laying the foundations for significant future growth. With the benefit of our new planning permissions and the momentum that has been achieved, we are now well set to increase the scale and breadth of the business.”
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