Bellway expects to increase the number of homes it completes next year by 10% in response to government measures announced in the spending review including an extension of Help to Buy.
The listed housebuilder completed 7,752 homes in the year to July 2015.
It is also forecasting that average selling prices will rise by 10%, helping to lift operating margins to 21% in the financial year to 31 July 2016.
Chief executive Ted Ayres said: “The group is committed to its strategy of creating shareholder value through disciplined volume growth and increasing the supply of much needed new homes.
“The measures announced in the government’s recent autumn statement, particularly in relation to the amendments to the Help to Buy scheme in London and its extension in England until 2021, not only provide access to mortgages for homebuyers but provide further visibility in relation to the longer-term outlook when assessing land opportunities.”
