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Latest Housebuilder news
Barratt Developments’ profit jumped 7.4% in the half year to January but completions fell by nearly 6%, the firm has announced.
Bovis Homes shares have slumped over 10% after the embattled housebuilder revealed a slump in profitability as it set aside £7m to address “customer care” issues.
Telford Homes is looking forward to a busy 2017 after making its first major land purchase since 2015.
Housebuilder Redrow has revealed a 35% leap in pre-tax profits to £140m for the six months to 31 December 2016 after completions rose 13%.
Grainger has welcomed the government’s Housing White Paper and it’s backing for the private rented sector (PRS), which will form a key element of its strategy to the year 2020.
UK house prices are growing at their slowest rate since November 2015, according to mortgage lender Nationwide’s latest figures.
Countryside Properties has reported a 23% growth in completions during the final three months of 2016.
Trafford Housing Trust has struck a £275m funding deal that will deliver 2,000 homes built over four years.
Research produced exclusively for Property Week has revealed the areas of the country that have seen the highest levels of housebuilding since 2011 - as well as the areas that are least affordable for first-time buyers.
The emphasis of last week’s housing white paper - more green than white in nature - was on consultation, with a helpful emphasis on multi-tenures and on a diverse and broadening array of players that can contribute. The industry now has a chance to help shape practical policy for the sector as a whole.