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housebuilding

  • 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 [...]

  • Why does Britain treat housebuilding as one big burden?

    July 14, 2026

    Housebuilding is one of Britain's most obvious economic opportunities, yet government and citizens alike seem to see it only as a burden.

  • Which shadowy MoD figures are blocking London’s secret new town?

    July 14, 2026

    Could creating a new town on a west London airfield be a welcome revelation for the new PM? If, that is, he can face down a shadowy opposition.

  • 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 [...]

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

    June 30, 2026

    Seven of Britain’s largest housebuilders are facing a class action lawsuit worth a potential £4.5bn in damages over allegations they overcharged 700,000 buyers of new-build properties. Mark McLaren, former parliamentary and legal affairs manager at consumer group Which?, is planning on launching the claim against FTSE 100 firms Barratt Redrow and Persimmon, FTSE 250 companies [...]

  • ‘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 [...]

  • London councils won’t be able to sue their way to more homes being built

    June 25, 2026

    Last week I asked the chief executive of one of the country’s largest housing developers to sum up the state of housebuilding in London, and the answer was “dire.” If I’d allowed two words I suspect one of them would have been unprintable. The situation is so disastrous that Sadiq Khan was forced to lower [...]

  • Berkeley warns of London housing slowdown in call for ‘political leadership’ from Burnham

    June 24, 2026

    Berkeley has called for “strong political leadership” on housebuilding from potential Prime Minister Andy Burnham as it warned that London is on course to miss its housing targets.  The capital’s biggest housebuilder issued a swathe of demands to policymakers, warning that there is “no prospect of material improvement” on housebuilding “without more decisive intervention” from [...]

  • 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” [...]

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