All Housebuilders articles – Page 5
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OnlineCairn Homes reveals record order book
Irish housebuilder Cairn Homes has revealed a record order book equating to net sales of €1bn (£860m).
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OnlineProfit plunges at Barratt due to economic headwinds
Housebuilding giant Barratt Developments was hit by a 16.2% fall in pre-tax profit to £884.3m, compared to more than £1bn in the previous year, despite a 1% rise in revenue to £5.3bn in the year to the end of June.
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NewsVistry’s Fitzgerald to see bonus jump after narrow approval from shareholders
Greg Fitzgerald, chief executive of Vistry, is set to see his base salary increase by 5.9% to £800,000, while his maximum annual bonus will increase from 150% to 300% of his salary.
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OnlineHousing Growth Partnership invests £18m to fund new Midlands homes
Lloyds-backed equity investor Housing Growth Partnership (HGP) has invested £17.7m of equity across seven housing schemes in the Midlands since the start of 2023.
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InsightPolicies are too often up in the air
This week’s air traffic control disruption, apparently caused by a single malformed flightplan, has provided a painful demonstration of the law of unintended consequences.
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NewsPersimmon drops from FTSE 100 as M&S joins
Housing giant Persimmon has dropped from the FTSE 100 Index following the September 2023 quarterly review, alongside Abrdn, Hiscox, and Johnson Matthey, and will leave the index on 18 September.
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InsightOutlook for SME housebuilders ‘not looking terribly optimistic
Experts say it is unlikely smaller players will be able to increase market share unless government intervenes.
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InsightHousing delivery targets looking wildly optimistic
Editor: The prime minister’s pledge to meet a manifesto promise to build a million new homes (300,000 per year) during this parliament is another reminder of how this government is struggling to grapple with the politics of housebuilding.
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NewsHeaton Group unveils £180m Eckersley Mills masterplan
The Heaton Group has launched a masterplan for its £180m regeneration of the 17-acre Eckersley Mills site in Wigan as an office, leisure and residential complex.
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NewsSpitfire boss slams planning process as permission granted for Midlands schemes
Spitfire Homes managing director Ben Leather has slammed the planning system as the firm announced it was granted planning permission for 371 homes across three schemes across the Midlands in the space of a week after an “extremely difficult and drawn-out process”.
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NewsIlke Homes collapsed owing creditors £320m, reports show
Modular housebuilder ilke Homes collapsed owing £320m to creditors, according to new reports.
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NewsNutrient neutrality law change to unlock 100,000 homes faces delay
A leading planning expert has welcomed housing secretary Michael Gove’s pledge to unblock the development of 100,000 homes by removing legacy EU laws on nutrient neutrality, but warned the plans face opposition and delay.
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NewsGood, cheap and fresh: pick any two
The irony of being probed for anti-competitive practices in the midst of a transparently difficult year will not bring much comfort to the major housebuilders.
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InsightA mission to build affordable homes
The Diocese of Oxford’s David Mason tells Lewis Berrill how the charity is using land gifted to the Church of England following Henry VIII’s reign to tackle the housing crisis and deliver the homes people truly need.
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OnlineBromford and LGIM co-create sector-first £50m funding partnership
Legal & General Investment Management (LGIM) has agreed a £50m funding deal with social housing group Bromford.
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NewsCrest Nicholson issues profit warning amid ‘persistently high inflation’
Housebuilding giant Crest Nicholson has lowered its adjusted pre-tax profit guidance to £50m for its year to 31 October 2023, compared to a consensus analysts’ expectation of £72m, amid a backdrop of “persistently high inflation and rising interest rates”.
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NewsNotting Hill Genesis agrees £72m upgrade plan for evacuated Brentford estate
The Paragon estate in Brentford is to receive a £72m upgrade and investment programme three years after more than 1,000 residents were asked to leave following safety concerns.
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NewsAvant grabs land director from Taylor Wimpey
Nottingham-based Avant Homes East Midlands has appointed Neil Ballett as land director to support the housebuilder’s regional expansion strategy.
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NewsProperty stocks drop as market is ‘spooked’ by new GDP data
UK property stocks dropped this morning as gross domestic product (GDP) data showed that the UK economy grew by 0.2% in Q2 and by 0.5% in June, giving the Bank of England more leeway to hike rates further – which experts said is bad news for property.
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NewsWeak market drives single-family housing BTR projects up by 13%
Single-family housing is on the rise in the UK build-to-rent (BTR) market, with 9,626 completed units, 9,122 under construction and 9,187 in planning in the second quarter of this year, according to the latest figures from Cushman & Wakefield.
