Persimmon has posted a 29% increase in pretax profit in its half-year results.
The company recorded a jump in profit from £272m to £352m in the six months ended 30 June.
It has sold 7,238 homes, up from 6,855 in December last year.
Persimmon has also secured 7,108 plots of land in the period, bringing its total land bank to 93,519 plots.
Over the past 18 months it has opened four new businesses, in Perth, Stockton, Castle Bromwich and Launceston in Cornwall.
Jeff Fairburn, group chief executive, said: “Persimmon’s trading performance in the first half of 2016 was driven by our focus on meeting market demand to deliver sustainable growth. The group’s cash generation has supported further disciplined land investment.”
“While the result of the EU referendum has created increased economic uncertainty, customer interest since then has been robust with visitor numbers to our sites around 20% ahead year on year. Our private sale reservation rate since 1 July is 17% ahead of the same period last year.”
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