One-on-one interview: Iain Innes of Bancon Homes
This week, Marc Da Silva heads north of the border to continue his series of interviews with senior executives in the new homes industry. Here, he poses the questions to Iain Innes, managing director of Bancon Homes.
Where in the country is your firm developing new homes? Throughout Aberdeen and Aberdeenshire
What are housing market conditions currently like in those areas? They are buoyant. Strong demand, together with good products in prime locations has seen our developments sell-out in record time.
What types of properties is your firm developing? We build everything from one-bedroom duplexes up to six-bedroom villas.
What projects are Bancon Homes working on and what is in the development pipeline? We are currently developing in Aberdeen (Aspire Union Grove and Milltimber West), Aboyne (Kemsley View), Banchory, Tarves (Braiklay View) and Drumoak (Irvine Croft). We will also begin work on our largest development to-date, Maidencraig Village, in Aberdeen shortly.
How much does a new home by Bancon Homes typically cost to buy? We have homes ranging from £160,000 up to £750,000.
Why should more buyers consider buying a new-build home as opposed to older property? There are lots of good reasons. For instance, modern homes are so much more energy efficient compared to older properties. They often include great specifications and have been designed with modern lifestyles in mind.
Is it worth buying property during the off-plan stage of construction? Yes, because typically prices are at their lowest at this stage and of course you will have the best choice of plots available.
What is Bancon Homes’ USP? Our locations offer something for everyone, whether you are a family looking to retreat to the countryside or a city dweller needing convenience. We are also renowned for our beautifully designed homes as well.
Which of the developments Bancon Homes is currently developing do you think stands the best chance of winning a WhatHouse? Award? Our site at Aspire on Aberdeen’s Union Grove because it offers a unique mixture of a refurbished and remodelled listed building combined with two modern apartment buildings.
Phases one and two of the scheme sold out in record time, thanks partly to the fact that the city’s cosmopolitan collection of more the 800 shops, bars and restaurants are located just a short walk away.