Persimmon, a leading home builder in the UK, has said that it expects tis sales to rise by about 25 per cent in Scotland this year.

The company built a total of 850 units in 2012 and is set to cross that level as both its east and west divisions are recording strong business. Mike Killoran, group finance director has said that Scottish market has performed well this year. The company runs Charles Church and Westbury Partnerships and has been able to attract buyers in the market.

The company said that it has been able to increase its sale by 45 per cent during the week between July 1 and November 5 compared to the same week of the previous year as buyers increasingly look for taking advantage of Government-backed Help to Buy equity loan scheme for new homes in the UK. The company said that the visitor sales rose 20 per cent and forward sales increased 41 per cent to £650million.

Group chief executive Jeff Fairburn said that the company has been able to sell a total of 3,000 homes under the Help to Buy scheme and pointed out that about 90 of those houses were to first time buyers.