Youngs Consultancy
Written by Daley Young Following pressure from shareholders, Countryside has begun the process of putting itself up for sale. The partnerships-focused housebuilder reported on the 13th June, that it had decided to “conduct an orderly process” of finding a bidder willing to offer a value for the company “that the board considers compelling relative to the long-term standalone prospects
Written by Daley Young Countryside has seen its mixed-tenure housing model prove resilient this year in the face of the Covid-19 pandemic and the firm has continued to see strong demand for all tenures of housing. In a trading statement covering the year ending September 30, Countryside said it completed 4,053 homes (2019: 5,733 homes) of which 1,454 were
Written by Daley Young Countryside says it has achieved “excellent growth” in its first half, with a 27% rise in revenue to £507 million on a 43% lift in total completions against the equivalent period in 2018. During the 6 months to March 31 2019, the home builder and regeneration partner achieved 2,362 completions in total (combining its Housebuilding
Written by Daley Young Countryside Properties has reported stronger customer demand after a “slower start to the year” and is “on track to deliver expectations for the full year”. The housebuilder and regeneration company said this month that its half year trading had been “solid”. During the six months from October 1 2018 to March 31 2019, its total
Written by Daley Young 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
Written by Daley Young 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
Written by Daley Young Countryside Properties has today issued a trading update for the year from 1 October 2017 to 30 September 2018. Operational Highlights Total completions up 27% to 4,295 homes (2017: 3,389 homes) Open sales outlets up 28% at 60 (2017: 47 outlets) with a further 55 sites under construction (2017: 41 sites) Net reservation rate1 0.80,
Written by Daley Young Countryside Properties’ total completions climbed 29% to 1,060 units during its third quarter. Issuing an update for the period covering April 1 to June 30 2018, Countryside’s overall private average selling price dipped 7% as anticipated to £376,000 compared to the equivalent period in 2017, with underlying sales price growth of 2%. Countryside’s net reservation
Written by Daley Young Countryside’s performance in its current trading year to date is in line with expectations! The housebuilder reported open sales outlets are up 25% at 60 (2017: 48) and average weekly site visitors up 3% year on year. They are seeing house price inflation of 3% but build cost inflation at 3% to 4%. Countryside is
Written by Daley Young This week Countryside Properties have reported its trading in its first half has been “ahead of expectations”. The business said it was successfully increasing scale in its Housebuilding division, and under its Partnerships arm had upgraded completion targets for FY 2018. During the six months to March 31 2017, the firm’s total completions rose 31%