British property marketplace, OnTheMarket, has snatched up developer giant, Barratt Developments to be its first house builder as it moves into the new home sector.
Barratt will be listing residential developments and properties for sale with its three consumer brands, Barratt Homes, David Wilson Homes, and Barratt London.
The agreement was brokered by Barratt Developments’ media agency partner Carat Manchester.
Barratt Developments looks set to become OTM’s largest single customer.
Barratt sold 17,856 homes in the year to June, making it the biggest house builder in Britain. Over the past six years, Barratt has increased its housing output by 40%.
Barratt operates through six regions and 27 divisions.
Helen Whiteley, OTM’s Commercial Director, said: “In addition to building the number of contracted agents rapidly, it has been a stated objective for OnTheMarket to address the wider property market.
“New homes developers have been our first focus in broadening our advertiser base and I am delighted that the first house builder to join us is the leader in its field."
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