Strong growth for Bellway

Bellway completed 5,007 homes in the six months to the end of January 2019, 5.6% ahead of last year. Total revenue is expected to rise by more than 12% to almost £1.5 billion. In a trading statement issued at the beginning of February ahead of its interim results next month, Bellway said it had achieved

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“Bounce back” for the new homes market

Along with the announcement of its half year results Redrow says the early weeks of 2019 have seen the new homes market “bounce back” after a subdued end to 2018 and the firm is confident that the Brexit uncertainty will not have “a huge impact” this year. For the period to the end of December

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Strong quarter for Countryside

Countryside Properties has reported a strong performed in its first quarter with the business placing more emphasis on private rented sector and affordable properties. Issuing an update on the period from October 1 to December 31 2018, the housebuilder and urban regeneration partner said that its total group completions climbed 28% to 1,094 homes against

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Record profits anticipated for Bovis

Bovis Homes is heading for a “record” year of profits with another controlled period end, it reported in a trading update on January16th ahead of the release of its annual results on February 28.  The housebuilder said that during the year to 31 December 2018, it delivered 3,759 new homes in total, rising 3% against

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“Strong performance” for Taylor Wimpey

Taylor Wimpey has reported another year of “strong performance” with the company set to report full year results in line with expectations. Issuing an update on January 9th ahead of its results for the year ending December 31 2018, the volume housebuilder said that during the period its total home completions rose 3% to 14,947

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Another year of strong growth for Countryside!

Countryside has reported “another year of strong growth” with total completions up 27% against 2017. During the year to September 30 2018, the housebuilder achieved total completions of 4,295 homes. Its overall private average selling price dropped 7% to £402,000 compared to last year, due to the company’s focus on “price-points appropriate to local owner

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New build completions up 6.4%

Official government statistics show new build completions are up 6.4% year-on-year. The government’s net additional dwellings data, released last week shows that new build completions accounted for 195,290 of supply in 2017-18 (the year to April). The figures also reveal that housing supply in England has increased to 222,190 during the period – up 78%

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Registrations reach highest quarter since 2007 – NHBC

New home registrations for Q3 2018 mark the strongest quarter in 11 years, according to the latest figures from NHBC. During Q3 2018 (July-September) 43,578 new homes were registered across the UK, up 15% on Q3 2017, making it the highest quarter since Q3 2007 when 49,520 new homes were registered, NHBC said. Of the

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Barratt and Crest report mixed market conditions

Barratt Developments and Crest Nicholson have issued updates to the market. Barratt reported a strong start to the financial year but Crest has issued a profit warning, announcing a new strategy to combat difficulties it is experiencing in the market. Reporting on the period from July 1 to October 14 2018, Barratt said that the

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Bellway hit 10,000 homes sales

Bellway announced today (16th October) its preliminary results for the year ending 31st July 2018 showing record volume output and excellent financial performance. Bellway has exceeded the 10,000 homes barrier for the first time in its history, growing volume by 6.9% and completing the sale of 10,307 new homes in the year to July 31

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