By Daniel Hunter

The housebuilder Bovis Homes has reported a 69% rise in annual profits after record sales in 2014.

Bovis said the number of its houses sold rose to a record 3,635, 20% higher than in the previous year, with the average sale price up 11% to £216,600.

Despite some figures and organisations suggesting the housing market boom is leveling off, Bovis says demand is still strong and plans to build another 200,000 new homes this year.

David Ritchie, the chief executive of Bovis Homes, told the BBC's Today programme: "We have been gearing up for a big push for the past five years. We see this as a fantastic time to grow."

The housebuilder also announced that it would be increasing its full-year dividend by 159% to 35p a share.