Private registrations up 31% in Q1 – NHBC

UK new home registrations increased 25% in the first quarter of 2022 against the same period last year, with private registrations up 31% but completions slightly down, according to the latest NHBC data. In Q1 2022, a total of 45,991 new homes were registered to be built. Of these, 35,134 were for the private sector

Continue Reading

Homes demand is up!

The housing market remains notably busy, with demand for homes in the new year up 49% compared with the three-year average, according to Zoopla. This reflects the total number of buyers contacting agents in the four weeks to January 16 2022, compared to the average over a similar period between 2018 and 2021. The property

Continue Reading

Bewley reveals growth plans

Bewley Homes has recruited more than 50 new staff year this year to support its growth ambitions over the next three years, with the business extending its banking facility and opening a new office in Swindon. The housebuilder, which builds in the south of England, has made key appointments across its divisions including in sales

Continue Reading

Taylor Wimpey looks to 2023 with strong half year

Taylor Wimpey says it is “pleased” with its second half performance to date and remains set to deliver results for its full year in line with previous guidance. Looking ahead, it is targeting “significant” completions growth from 2023. With the UK housing market remaining “positive” during the second half of 2021, the volume housebuilder achieved

Continue Reading

Housing completions highest for 20 years – MHCLG

Almost 50,000 new homes were built in the first three months of this year, the highest quarterly figure for more than 20 years, according to the latest government housebuilding figures. Building control data from the Ministry of Housing, Communities and Local Government for England from January to March 2021, showed that 49,470 home completions were

Continue Reading

HBF calls for brightest and best to meet the nation’s home building challenge

In a new report launched in Parliament on 4th March, the Home Builders Federation (HBF) highlighted the diverse workforce needed to ensure that the UK meets the challenge of building 300,000 homes every year.  It also stated that more than 49,000 new recruits were necessary to increase housebuilding to meet the government’s target. The report, Building a Future:

Continue Reading

Bovis/GT housing merger set to create fourth largest housebuilder

The potential merger of Bovis Homes and Galliford Try’s housebuilding businesses goes through it would create the UK’s fourth largest housebuilder, says Stephen Teagle, chief executive of Galliford Try Partnerships and Regeneration. Speaking to Housebuilder, Teagle said the possible sale of GT’s housebuilding and partnerships and regeneration arms to Bovis would create a “sector leading regeneration

Continue Reading

Record number of completions for Barratt

Barratt has delivered its highest number of completions for 11 years in the 12 months to the end of June with profit before tax expected to be ahead of expectation at around £910 million against £835.5 million last year. Today issuing a trading update for the year, Barratt said it had completed 17,856 homes including

Continue Reading

Countryside on track to meet full-year expectations

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

Continue Reading

£1bn pre-tax profit for Persimmon

Persimmon’s profits hit £1 billion during its year to December 31st, 2018, it reported whilst also announcing its new group chief executive as Dave Jenkinson on 26th February. During 2018, the volume housebuilder’s pre-tax profit climbed 13% to £1.091 billion against 2017, with a 13% increase in operating profits to £1.083 billion. Revenue lifted 4%

Continue Reading