All Housebuilders articles – Page 3
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NewsVistry starts year with forward sales dip but is on track for 2022 profit rise
Housebuilder Vistry Group started the year with forward sales totalling £1bn, down from last year’s £1.3bn, but is on track to report increased profits for 2022 and is expecting to reap the benefits of its £1.25bn merger with Countryside Properties.
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LendInvest agrees funding deal to back move into home lending
Finance portal LendInvest has agreed an increase in funding from Lloyds Bank to £300m to support an entry into the UK’s £1.2trn homeowner mortgage market.
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Crest Nicholson forward sales drop as demand falters
Housebuilder Crest Nicholson has told investors demand for its homes is “still strong” despite a drop in forward sales.
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AJC Group promotes Janes to managing director
Sebastian Janes has been promoted to managing director of Dorset-based affordable housing group AJC Group.
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Taylor Wimpey to build fewer homes in 2023
Taylor Wimpey became the latest housebuilder to tell investors it would build fewer homes in 2023 on Friday as economic concerns hit demand.
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Travis Perkins and Close Brothers team up to provide SME builder financing
Travis Perkins General Merchant, part of builders merchant Travis Perkins, has launched an escrow agreement with Close Brothers Property Finance to support SME housebuilders.
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Sales at Persimmon ‘fall off a cliff’ as it warns of tough 2023
Persimmon has revealed that forward sales have fallen by more than a third as customers defer major purchase decisions amid the cost-of-living crisis.
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BPF launches affordable homes development tool kit
The British Property Federation (BPF) has launched a tool kit designed to boost the development of affordable homes, with the aim of providing a greater understanding of partnership models for investors and housing associations.
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Barratt appoints Silver as next chair
Housebuilding giant Barratt Developments has appointed investment banking veteran Caroline Silver as a non-executive director and chair designate.
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Barratt warns of ‘marked slowdown’ in housing market
Barratt Developments has warned investors of a “marked slowdown” in the housing market in a trading update for the half year to the end of December 2022.
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NPPF to make housebuilding harder as LAs given more reasons to reject schemes
Even those who eat, drink and sleep property would have surely had little appetite to fully consume the government’s 15-chapter consultation on the National Planning Policy Framework (NPPF) when it was published so close to the end of the year.
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Former Avant Homes boss applies for Honey’s first resi scheme
Recently launched housebuilder Honey has submitted plans for a £14m development in South Normanton, Derbyshire, consisting of 50 two-, three- and four-bedroom houses.
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Edmond de Rothschild secures £42.25m loan for Birmingham BTR scheme
Edmond de Rothschild Real Estate Investment Management has secured a five-year, £42.25m development loan from Barclays to support its construction of a 406-unit build to rent (BTR) scheme in Birmingham’s Gay Village.
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Redrow wins consent for 205 East Sussex homes
Housebuilder Redrow has secured planning permission from Wealden District Council for 205 new homes in East Hoathly, East Sussex.
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Cairn reveals growing home sales as revenue rises
Revenue grew by 46% at Irish housebuilder Cairn Homes in 2022, the group has told investors ahead of its annual results.
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House prices fall again in December according to Halifax
The average UK house price fell for the fourth month in a row in December, according to Halifax.
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Glenveagh launches €60m share buyback programme
Irish housebuilder Glenveagh Properties has launched a share buyback programme to repurchase up to 10% of the group’s shares.
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Harworth sells Yorkshire site to housebuilder Sky-House
Developer Harworth Group has sold a parcel of land near Rotherham in South Yorkshire earmarked for 106 new homes to housebuilder Sky-House, for an undisclosed amount.
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Avant Homes launches North Yorkshire division with £206m of development
Avant Homes has announced that it will deliver 726 homes across five developments in North Yorkshire, with a total gross development value of £206m.
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DLUHC launches NPPF consultation with focus on local plans
Incentives for more local authorities to adopt new-style local plans and the introduction of National Development Management Policies, to provide consistency for small and medium housebuilders, are among the proposals in the government’s long-awaited consultation to update the National Planning Policy Framework (NPPF), published yesterday.
