All Housebuilders articles
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Professional
Timber framed for a construction push under new net zero strategy
The government’s plan to boost UK timber construction as part of its net zero strategy faces many obstacles.
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News
Henry Boot grows landbank amid ‘continued demand’ for strategic sites
The developer’s total land portfolio has increased to 100,972 plots.
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News
O’Brien joins Dovepark Properties as chairman
Comer Homes’ affordable housing arm appoints new chairman to replace outgoing Michael Mulcahy.
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News
Vistry acquires 760 resi plots in Swindon from Henry Boot
Housebuilder Vistry has bought 759 residential plots in Swindon from Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), for an undisclosed price.
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Insight
Can BTR help solve the housing crisis?
Property Week and Yardi brought together a panel of experts from across the industry to discuss the role the build-to-rent sector could play in addressing the UK’s shortage of affordable homes.
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Online
Cairn Homes bucks housebuilding trends with record 2023
The Irish housebuilder achieved its strongest ever operational and financial performance.
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News
Berkeley Group announces raft of apprentice and graduate appointments
Housebuilder recruits 22 new graduates and 25 apprentices.
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Online
Crest Nicholson cuts full-year profit forecast again
Housebuilder Crest Nicholson has cut its annual profit forecast for the third time in six months, citing higher costs related to sites and an exceptional £13m charge due to a legal claim.
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News
Vistry profit is ahead of guidance as Fitzgerald prepares to take chair from Findlay
Housebuilder Vistry’s financial performance for 2023 was ahead of its guidance, with adjusted profit before tax expected to fall in line with 2022’s figure of £418.4m, according to its trading update for the year to the end of last December.
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News
Taylor Wimpey prioritises prices amid challenging market environment
Taylor Wimpey’s overall average selling prices rose 3.5% to £324,000 in 2023, but the housebuilder ended the year with a lower order-book value of £1.77m, excluding joint ventures, compared with £1.94m in 2022.
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Online
Hightown secures £50m in funding from Aviva
Aviva Investors has provided £50m of funding to Hightown Housing Association, which owns and manages more than 8,700 homes and care and supported housing projects across Hertfordshire, Buckinghamshire, and Berkshire.
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News
Scottish housebuilder Stewart Milne enters administration with loss of over 200 jobs
North-east Scotland-based housebuilder Stewart Milne Group has entered administration with the immediate loss of 217 jobs.
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News
Net debt of £18.7m ‘much higher’ than expected at MJ Gleeson
Low-cost housebuilder and land promoter MJ Gleeson has reported that its net debt is expected to be £18.7m for the half year to the end of December 2023, up from £5.2m as of 30 June 2023.
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Online
Institutions set to boost investment in residential development, survey finds
Institutional investors are increasingly recognising their role in meeting UK housebuilding targets and plan to boost funding levels, research from investment manager Downing has found.
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Online
Orbit Homes’ Moore joins HBF board
Orbit Homes director Helen Moore is to join the board of the industry lobby group the Home Builders Federation (HBF).
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News
Government releases first tranche of £110m nutrient neutrality funding
The government has released the first tranche of £110m in funding to help local planning authorities, constrained by EU nutrient neutrality laws, build new homes.
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News
Number of new home approvals falls to record low, says HBF
The number of planning permissions being granted for new homes has fallen to a record low as the government surrenders to NIMBYs, according to the Home Builders Federation (HBF).
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News
Government launches consultation to seek views on UK home energy rating system
The Department for Energy Security and Net Zero (DESNZ) has launched a public consultation seeking views on the home energy rating system in the UK.
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Insight
A year in review: Finance
A tough economic environment has driven up insolvencies and housebuilder losses, although self-storage, hotels and build-to-rent have proved resilient.
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Insight
Building developer costs are finally down
After soaring since the pandemic, the cost of building materials and labour finally seems to be falling. But it may be too late to save many subcontractors, many of which now appear to be on life support.