A Midlands house builder launched just over a year ago is bucking the market with luxury sites across the region.

Spitfire Property Group, advised by Lodders Solicitors in Stratford-upon-Avon, is flying high after allying with IM Properties plc.

The two have a joint venture agreement to acquire and develop bespoke, individual, high quality residential schemes within central England.

Prices start at £350,000-plus.

Spitfire Property Group managing director David Jervis, who has extensive experience in the Midlands property sector, said: "It is still a tough market - restricted by the lack of mortgages available.

"We are targeting people who might be on their third move, have equity and so can obtain a mortgage; and also those looking to downsize. It is about quality homes in quality locations."

Nick East, partner and head of the real estate department at Lodders, added: "Spitfire is delivering bespoke schemes and a bespoke service.

"Both David and land and projects director Jonathan Dyke have developed numerous award-winning schemes throughout their careers. Their new venture is already a success and we have been privileged to advise them on their various deals."

The scheme furthest advanced is Broadway Cottages in Chalgrove, Oxfordshire, where Spitfire Property Group has built four large four-bedroom homes just off the High Street. All but one has been sold.

At Mill Hollow in Mill Lane, Dorridge, a scheme for five large executive townhouses launches this month (October). At The Forum, Lewis Lane, Cirencester, nine three and four bedroom contemporary townhouses will be released next spring. Planning permission has recently been obtained for London Road, Moreton-in-Marsh, nine three and four-bedroom semi-detached and detached homes in easy walking distance of the thriving Cotswold market town centre.

Applications submitted or in preparation include two sites in Cheltenham, a second in Dorridge and one each in Knowle and Stratford-upon-Avon.

Based at IM House, South Drive, Coleshill, Spitfire Property Group is focusing on new build projects.

Mr Jervis added: "I am very pleased at the way things have been going.

"The availability of substantial cash resources from internal funds at IM Properties enables Spitfire to maximise the potential of a wide range of exciting residential development opportunities. Just as the Spitfire plane shaped the destiny of World War II, we are shaping the future of the aspirational housing market.

"While the big boys have begun building again these are mainly estates - small and medium sized developers constructing bespoke schemes are still few and far between.

"We offer a personal service, ensuring a director is hands-on at every stage of the development process. We are passionate about design, sustainability and quality of construction. We have the skills, experience and creative flair to blend the latest trends in interior styles with practical modern day living. Because we are a niche property company, we have the luxury of being able to carefully consider each home as if it was our own."

Spitfire Property Group says it is seeking further potential development sites, with or without an existing planning consent being in place.

For more information about Lodders, please visit their website here: www.lodders.co.uk