Vistry has said it is looking to grow its business to deliver up to 20,000 homes per year in the medium term, an ambition which if achieved would make it the biggest housebuilder by volume in the UK.

Speaking after publication of the firm’s full year results yesterday, Stephen Teagle, chief executive of Vistry’s partnerships housebuilding division, said the business was looking to create a “platform” from which it could produce 20,000 homes.