Crest Nicholson shares slump as lender talks drag on July 16, 2026 Crest Nicholson shares dropped after the housebuilder posted a £35m loss and told investors it is still locked in talks with its lenders. The London-listed firm had delayed the publication of its results in the hopes of seeking emergency permission from its creditors to loosen the terms of its debt, but said on Thursday that [...]
Barratt Redrow urges Burnham to slash tax to boost housebuilders July 15, 2026 Barratt Redrow has called on Prime Minister-to-be Andy Burnham to cut taxes to encourage housebuilding and remove “barriers to home ownership”. The FTSE 100 housebuilder urged the government to address “the increasing regulatory and tax burdens that are constraining viability” to “unlock higher levels of housing delivery, including affordable housing”. Burnham has pledged to back [...]
Vistry angers market with £30m loss as new boss faces turbulent start July 8, 2026 Vistry has attracted the ire of shareholders and analysts after it revealed a £30m first-half loss, as the firm stutters under its new chief executive. The FTSE 250 housebuilder delivered an unscheduled update to shareholders this morning, revealing that chief financial officer Tim Lawlor will quit in October after being headhunted by a “large privately-owned [...]
‘Great shame’: Berkeley challenges blocked Peckham development June 26, 2026 Berkeley has launched a bid to push through its 850-home development at a “run down” Peckham shopping centre, slamming the council for its “spectacular failure” to meet housing targets. The FTSE 250 housebuilder has applied for a judicial review of the planning inspectorate’s decision to block the plans, which it says wrongly put heritage concerns [...]
Housebuilder Bellway warns mortgage rate hikes dampening housing demand June 9, 2026 Bellway has said that recent rises to mortgage rates as a result of the Iran war are dampening demand for housing, on top of rising building cost inflation due to the conflict. The FTSE 250 housebuilder said it has seen a “moderation” in customer demand in April and May, bringing an end to a “positive” [...]
Is housebuilding in London impossible? May 25, 2026 After its 900-home development in Peckham was blocked, housebuilder Berkeley said it can “no longer invest” in London. Felix Armstrong asks whether development in the capital really has hit a brick wall At the Aylesham Centre in Peckham, south London, shoppers are met with graffitied walls, peeling paint and shuttered retail units. The site began [...]
‘Downright offensive’: Southwark council slammed for blocking 900 homes May 19, 2026 Southwark council has been blasted for celebrating the blocking of an 867-home development on the site of a Peckham shopping centre. The local authority hailed a “great day for Peckham” after housebuilder Berkeley failed to overturn a ruling against the development, which would have delivered retail, leisure and commercial space alongside the hundreds of homes. [...]
Councils turn to AI to boost housebuilding May 18, 2026 Local councils across the country are turning to artificial intelligence to speed up the planning process, as Labour’s 1.5m housebuilding target clashes with a slowing construction sector. A number of local authorities – including several in the capital – have either piloted or implemented AI planning tools, but housing leaders have warned that the government [...]
Vistry shares plummet as housebuilder pauses buyback and warns on inflation May 13, 2026 Shares in leading housebuilder Vistry have plummeted on Wednesday’s market open, after it warned of a “significant” profit hit and said the Iran war is spiking building costs. The housebuilding firm was the biggest faller on the FTSE 250 as its share price fell 11.5 per cent to 288p, leaving the stock down more than [...]
Grosvenor estate: Ministers don’t get ‘basic economics’ May 7, 2026 The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]