2010 Persimmon Homes Blog

Archive for the ‘Uncategorized’ Category

If one reads the newspapers over the last year we see some UK Builders Enjoyed in 2011, Record Profit Margins (%), and then some builders in 2012 went on to annouce Record Profits.

Then one reads how in 2011 the UK had over 400,000 planning approved new residential properties with land banks, which could have been used to reduce the so called lack of supply.

But then one also read the builders wanted softer planning processes to make it easier for them. Funnily reading one UK Builders internal presentation for Directors and Investors etc, it lists the profitable areas in the UK, which allow greater prices to be charged, and thus greater profit margins – surpringly this is now where new developments are often focussed. Worringly the same presentation shows an illustration of a balance scale, with PROFIT on one side and VOLUME on the other. One presumes this means when the builder reduces volume of new homes built (controls supply by carefully limiting production) then profit increases (higher selling price, against cost to build).

At the same time one reads the UK Builders want financial help from the UK Government, and now we have the latest Funding For Lending and Equity Loan Schemes. Buy a new home and you might enjoy 20% deposit loan provided by UK taxpayers. Now should you default on the loan, or house prices return to more normal (lower) levels, then the mortgage provider is less woried about a forced sale, as 20% is covered by the UK Taxpayer, and 5% by the home owner, leaving only a 75% exposure for the lender (seems a great business to be in, I’m sure other business would like to enjoy taxpayer backed assistance to cover exposure to risk).

The big problem we had trying to buy a new home (excluding quality issues and unfavourable contracts) was the overvaluation which made it a higher risk for the lenders. One wonders how many mortgage refusals were based on the valuation being over optimistic rather than the perception of the 10% deposit being the issue? But then with limited controlled supply by builders, asking prices are naturally going to be pushed up, with benefits for the builders profit margins.

Seems to me the builders are having their cake and eating it, and should prices realise more realistic levels (or a further dip in the economy), then the taxpayer will end up paying for the builders tea party.

Sadly, in the meantime savers, pensioners and those on low incomes are paying the price of the government/builders/bank strategy, with high inflation (increasing prices and cost of living) and reduced savings rates and annuity payments.

Check out a simple quick 5 minute chocolate cake in a mug. Not the typical coco powder and vegetable oil, but rather real chocolate and butter.

Persimmon Homes had over 450 complaints logged with BBC Watchdog programme.

Persimmon Homes also had the biggest file of customer complaints logged with BBC’s Watchdog.

Whilst I can relate to the customer experiences with Persimmon Homes (we bought from Charles Church, the luxury brand within the Persimmon Group plc, which also trades as Persimmon Homes) and we would strongly disagree by the claims of Persimmon Homes in responding in the article.

Great food is one of life’s most wonderfull pleasures which crossed efforts with other research we were doing into weddings. Some fine places to eat include; Rhodes 24, Gordon Ramsey Restaurant, Marcus Wareing at the Berkeley. For a recent party and a birthday anniversary cake for a special celebration, we had three favorite cake makers; The Little Venice Cake Company, Cakes by Sarah Louise, Peggy Porschen. All three do beautiful wedding cakes and birthday (special occasions) cakes, and choosing between them is very hard, we suggest a tasting at all three, if you have the time. And to finish with, the best treat in the world, a Cornish Pasty, and the best we’ve tried has always been from Warren’s Bakery. We’ve tried so many Cornish Pasties, but for 30+ years now, Warrens has always be head and shoulders above the rest – fabulous every time. We hope you enjoy some of our preferred things in life.

That’s Windows Live Writer to you. Hopefully this will work correctly, those before were done in the standard WordPress.com online forms.

Saved it as a local draft to, then quit out of WLW, reopened the software application, open the draft, finally then not before time posting.

Only thing I don’t like with WLW is it doesn’t let you store a complete blog site backup, so you can’t work completely off line . . . but then maybe that is expecting too much. Will have to have another look at Zoundry Raven again.

Any reader have other suggestions, I’d like to be able to work complete off line, including editing old posts etc.

Let’s talk about cake! Cup of Tea and some fabulous cake, from little celebration cakes to big wedding cakes, I just wanna talk about cake!

I recently ordered online (sent next day delivery) some gourmet cup cakes, Raspberry with White Chocolate Ganash and Lemon Meringue (with real pieces of meringue), they were amazing, streets ahead of the typical single sponge iced cup cake. These were works of art.

I originally found them from a friend’s recommendation, having been pointed to an amazing catering company (between Southampton and Winchester), their cake lady, a professional cake decorator of over 10 years, Sarah Louise (link on website), making fabulous wedding and celebration cakes for all occasions. But now Sarah is working for herself, having set up her own fabulous wedding cake company, making Wedding & Celebration Cakes, cupcakes, desserts and pudding pies.

Her resume on site, shows that Sarah Louise is a fully trained patisserie chef of over 12 years experience, and has worked at Park Lane Hilton, Chewten Glen and Tawny Hall, as well as spending 7 years at another specialist cake design company.

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!

Editor:- and blog we will, if you want to know more about the Persimmon Group plc, new home buyers experience, then read on, and please post your comments. These can include Charles Church, Persimmon Homes and Westbury Partnerships new homes.



  • Bob: Perhaps the New Home Builders are enjoying the econmic climate a bit TOO MUCH :(
  • M. Farley: Walked around a new Charles Church Show Home last week, and found same issues discussed above, noisy bouncy floors. when will they fix this? From read
  • Debbie Brown: Neat idea! Can't beat something that makes cake easier to eat and carry.