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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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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“Strong trading performance” for Persimmon

On February 26th Persimmon will release its full year results but the volume housebuilder has already revealed its achieved another “strong trading performance” during 2018 and expects its pre-tax profits for the year ending December 31 2018 to be “modestly ahead” of current market consensus, with the company benefiting from the new schemes it has

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Progress for Barratt and Berkeley

Barratt Developments and Berkeley Group have reported to the city this month with Barratt saying “another outstanding year” and Berkeley continuing to progress in the challenging London and south east market. During its year ending June 30 2018, Barratt achieved its highest number of completions for a decade at 17,579 completions in total with private

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Exciting Times

This month Youngs Consultancy will see some big and exciting changes to keep up with the industry demands. We are moving to new offices in Frimley, as well as welcoming Danny Bourne to our small, personable team. Danny will be focused on assisting us to reach those hard to reach quality candidates, so no doubt

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10.6% rise in completions for Bellway

Bellway have today announced housing completions rose 10.6% in the year ending July 31 2017 against the previous year. In its trading update released ahead of its preliminary results announcement on October 17, the housebuilder said it had achieved further volume growth, with completions rising to 9,644 during its financial year. Bellway’s housing revenue is

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Countryside’s trading is “ahead of expectations”

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%

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Ten year high for NHBC registrations

During the first 3 months of this year more than 42,000 new homes were registered in the UK by NHBC, the highest quarter in 10 years according to figures released last week. The figures show that 42,470 new homes were registered in Q1, an increase of 17% on the 36,351 registered 12 months ago. 31,197

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Excellent growth for Countryside in both divisions

Countryside Properties’ Housebuilding division has reported a “very strong first half”. The completions totalling 450 homes which is a rise of 54% on the equivalent period last year. Giving an update ahead of the release of its half year results on May 17, the division’s private average selling price dropped 31% to £540,000 during the

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Bovis receive merger proposals

Bovis has confirmed that it has received merger proposals from both Galliford Try and Redrow. The firm has rejected both saying that “neither reflected the underlying value of the Bovis business”, but confirmed that talks are continuing with Galliford Try. Redrow proposed a share and cash deal which in aggregate amounted to £8.14 per Bovis

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