Countryside up for sale

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

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Vistry expects 2022 profit at “top end” of forecasts

Vistry Group expects its profit for 2022 to be at the top end of forecasts.  Providing an update on the period from January 1 2022 to the present day, the housebuilder said that with the continuing strong demand for its homes, profit expectations for its first half had “moved forward”. For the full year, it

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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

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Persimmon and Vistry on track

Good news was reported by Persimmon and Vistry on 9th November.  Persimmon’s private sales reservation rates have remained “well ahead” of 2019 since July and Vistry has noted “some signs of improvement” in materials shortages and pricing pressures. Issuing a trading update for the period from July 1 to November 8, Persimmon said that its

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“Record” first half for Bellway

Bellway has seen “record” volumes in its first half, completing 5,656 new homes, an increase of 6.3% against HY 2020. Issuing a trading update for the six months to January 31 2021 ahead of its interim results announcement on March 24, the housebuilder said it had achieved an “excellent” first half, with housing revenue rising

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Persimmon “performs robustly”

Persimmon continues to perform strongly despite the challenges of Covid-19 and has today (November 10) reported it is set to achieve a “good result” for 2020. During the period from July 1 to November 9 2020, the volume housebuilder’s average private weekly sales rate per site was 38% ahead of 2019. Persimmon said that stable selling

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Countryside “well positioned” for growth

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

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Resilient trading for Berkeley

Berkeley’s trading has been “resilient” since the start of its financial year, with the business expecting a more even profit split between the first and second halves of the year, it reported this month. Reporting on the period from May 1 to August 31 2020, the housebuilder said that its production levels had been “better

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Taylor Wimpey and Vistry Partnerships to reopen sites

Giving an update on trading from January 1 until the end of April, Taylor Wimpey said it now had plans and processes in place to start a phased process of site reopening from May 4 “based on detailed new site operating protocols developed in compliance with strict social distancing requirements,” on most of its sites

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