A Kent housebuilder has reported increased sales despite General Election uncertainty.

Bovis Homes was due to to unveil its latest trading situation at its annual meeting later today.

In a statement ahead of the meeting, it said: "Looking ahead, the group expects trading to continue to be stable, although the general election does create uncertainty, in particular as regards the macro-economic backdrop."

But despite the uncertainty, the group was selling homes in line with its weekly targets and if this continued, Bovis would achieve its annual sales volume for 2010.

Bovis is aiming to grow by buying up high quality residential land, controlling costs and "strong working capital management."

Although January sales were hit by the big freeze, sales in the following period to April 30 were in line with expectations.

It reported sales of 1,208 in the first 17 weeks of 2010, up 11 per cent on the same period in 2009.

Bovis said it had added 811 plots to its land bank across seven sites and agreed terms on a further 2,500 plots on 18 sites. Last year, Bovis raised £59 million from a share placing to fund land acquisition.

Its net cash position strengthened over the first quarter, with £130 million in hand at the end of April.Ed Woolfitt, head of trading at Galvan Research, said Bovis was the pick of the housebuilders after the firm's "quiet bullishness."

"After a strong start to the year, Bovis shares drifted back during February, picking up again as private sales rates improved in March.

"It is clear that in spite of uncertainty over the General Election, sales are steadily improving, (modestly ahead of expectations) and along with improving margins and a strong net cash position, sales of homes should accelerate after the General Election and associated uncertainties are past."