Redrow signs listing agreement with OnTheMarket…

OnTheMarket has signed a long-term listing agreement with national housebuilder Redrow.

The building firm, with a network of 14 operational divisions across the country, will list all its residential developments and new homes for sale at OnTheMarket.com, after signing a new deal in May.

John Doyle, head of new homes at OnTheMarket, said: “We are delighted to be working with Redrow, a highly successful business with a large national presence covering England and Wales. The decision to sign a listing agreement is a strong endorsement and demonstrates the direction of travel for our New Homes business.”

“As part of our growth strategy we have continued to attract a significant number of housebuilders, both large and small. 

“Expanding this sector remains a key priority for the portal. I am thrilled that such a major player in the industry has decided to sign with us as the positive network effects of this increased inventory will lead to more visits from serious property seekers and further enhance shareholder value.

Jason Tebb, chief executive of OnTheMarket, added: “Bringing developers such as Redrow on board is a significant milestone along our journey to become a leading new homes search site in the UK. 

“This additional inventory means that, in terms of new homes developments listed, we are now tantalisingly close to the market leader – a great achievement considering that the division only launched in late 2019. We remain committed to evolving our diversified technology-enabled business to create value which, our shareholder agents can benefit from in the future.” 

James Holmear, group sales director for Redrow, said: “OnTheMarket provides a fantastic platform to showcase our award–winning homes and neighbourhoods across England and Wales. Our much-loved Heritage Collection stems from the arts and crafts era offering timeless exteriors, perfectly combined with open-plan living areas and energy efficient features.

“We’re very much looking forward to working closely with the team to provide our customers an easy way to search for their dream home.”