Legal and General mulls multi-million pound sale of housing arm Cala March 18, 2024 Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which it has owned for the past six years.
Scottish affordable house builder Springfield Properties latest to feel the pain of property slowdown February 20, 2024 A Scottish house building company is one of the latest to be financially bruised by last year’s slowdown in property sales.
Bellway shares dip on low July house sales August 11, 2020 Shares in Bellway fell this afternoon as the housebuilder revealed that sales were down in July despite the easing of lockdown restrictions Private customer reservations were 140 per week last month, down from 162 a week in July 2019. The developer’s share price fell 4.17 per cent as it said it completed the sale of [...]
House sales begin to recover as lockdown measures ease July 21, 2020 UK property transactions grew almost a third in the month to June as lockdown measures began to lift around the country, but remain 35 per cent down since last year as market uncertainty and the Brexit deadline continue to weigh on buyer sentiment. Around 63,250 residential property transactions took place in June, up 31.7 per [...]
Barratt ‘on track’ but forward sales slow amid house price concerns May 3, 2023 Barratt Developments has assured investors that it is “on track” for the year despite revealing a decline in forward sales, however the group’s share price tumbled 0.32 per cent when markets opened. In a trading update this morning the London-listed house builder noted that the economic outlook remained “difficult” as it posted total forward sales [...]
Cost of living crisis? Champagne sales in House of Lords reach highest level for five years January 2, 2024 The cost is up slightly from the 2022 total, when 1,580 bottles were sold at a cost of £85,462.51.
Brits just want some space: Detached property sales outpace other housing May 27, 2023 Detached houses were the most popular type of property among existing homeowners moving home with a mortgage in the year to March, according to analysis of a lending giant’s data. Halifax said detached homes accounted for nearly a third (32%) of such sales, rising from a quarter (25%) a decade ago. While detached homes were [...]
Persimmon signals housing slowdown as sales slump amid recession fears November 8, 2022 Soaring interest rates and economic uncertainty are eating into sales and reducing consumer appetite for housing, revealed Persimmon.
Stamp duty cut sees London house sales rocket 27 per cent July 28, 2020 The stamp duty holiday has significantly boosted London’s housing market, with new sales agreed up by over a quarter in just two weeks, new data has shown. UK house prices rose 0.2 per cent in June as a jump in demand for houses outstripped a fall in the number of sellers, the figures also showed. [...]
Bellway cautious on trading after coronavirus lockdown forces house sales down June 9, 2020 British housebuilder Bellway sold about 1,000 fewer homes between August and May, after it closed its centres because of the coronavirus lockdown. The Newcastle-based company, which has restarted construction activity on around 230 sites, warned this morning that it expects sales activity to be “severely constrained”, driving shares down 2.7 per cent. Bellway sold 6,721 [...]