Strong results for McCarthy & Stone

McCarthy & Stone is the latest housebuilder to report a strong performance so far this year, with their pre-tax profit up 76% to £32 million during the six months to February 28 2015 against the equivalent period in 2014. The retirement housebuilder’s legal completions rose 18% to 776 at a net average selling price of

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Bellway’s half year show strong profits

Bellway’s pre-tax profit has risen over the last 6 months by 53.1% to £158.9 million compared to the equivalent period last year ending 31st January 2014. The average selling price of Bellway’s homes lifted 3.4% to £219,343, resulting in housing revenue rising from £688.2 million in 2014 to £823.4 million. Their completions rose 15.7% to

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“Significant volume growth” set for CALA

Last year CALA Group implemented a growth plan and this week they have reported they are set for their first year of “significant volume growth”. Reporting on 1st January 2014 – 28th February 2015, CALA said the average selling price of their net private reservations rose “considerably” up to 27% to £537,000 against the £423,000

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Berkeley homes continue to be in demand

Berkeley Group is reported to be seeing “good demand” for their new homes in London and the South of England. Issuing a trading update for the period from November 1 2014 to February 28 2015, Berkeley said that trading conditions had returned to normal from “a high point” in 2013. It has 64 sites under

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Permission granted for more than 195,000 new homes in 2014!

Recent figures according to the latest Housing Pipeline report from the Home Builders Federation (HBF) and Glenigan show planning permission was granted in 2014 for close to 200,000 new homes. These figures were an improvement of 12% on 2013 and 39% on 2012 with the number of private home permission rising by 23%. The demand

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McStone announces next stage of growth plan

McCarthy & Stone has announced that it is to launch three new regions as part of its growth strategy. The retirement housebuilder will divide its existing North, South West and Midlands regions each into two more concentrated regions. It currently operates across six regions in total, with the sixth launching last summer in North London.

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