Berkeley Group shares dipped 1.7% to 3,724p in early morning trading on Wednesday after the housing company announced a pre-tax profit climb of 6.4% to £551.5 million in FY 2022 against £518.1 million in FY 2021. Berkeley Group highlighted a revenue growth of 6.6% to £2.3 billion from £2.2 billion, alongside a gross profit increase […]

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Taylor Wimpey sees 38.9% decrease in completions Taylor Wimpey (LON:TW) confirmed on Tuesday that it would resume its dividend payment after seeing a fall in pre-tax profit of 68%. The housebuilder’s profit fell from £673.9m in 2019 to £217m. There was also a 38.9% decrease in completion, down to 9,799 in 2020 from 16,042 the […]

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Vistry (LON: VTY) has announced plans to continue shareholder payouts from next year. Thanks to strong demand and sales, the housebuilder is on track to meet full-year profit at the top end of the £130m-£140m range. The group has achieved a private sales rate of 0.67 per outlet per week, which is up from 0.58 […]

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Persimmon (LON: PSN) revealed in its latest trading update that it plans to a second interim dividend thanks to strong trading. The housebuilder plans to pay an interim dividend of 70p per share in December after the group resilient demand for new homes and secured £1.4bn of sales for future years. In the period between […]

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Taylor Wimpey (LON: TW) shares surged on Monday morning as the housing market continues to be resilient after reopening after the second quarter shutdown. The FTSE 100 housebuilder has said that it expects this year’s financial results to be at the upper end of expectations and remains confident about next year. Since the lockdown in […]

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Barratt Developments shares (LON: BDEV) rose on Wednesday after the housebuilding group shared a trading update for the period from 1 July to 11 October 2020. The FTSE 100 firm posted 4032 agreed sales for the period, a 24% increase from the year previously – helped by pent-up demand and the Help to Buy scheme. […]

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The Competition and Markets Authority – CMA – announced it would be reaching out to major housebuilders for information, as part of an ongoing investigation into misinformation and mis-selling of leasehold properties. The four housebuilders currently identified by the CMA are Barratt Developments, Countryside Properties, Taylor Wimpey and Persimmon Homes, with the CMA demanding information […]

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British housebuilding company Persimmon plc (LON: PSN) posted a trading update ahead of the release of the official release of its results for H1 in August. This round of results displayed consistent performance, with modest increases in average house prices within their portfolio, while their legal completion volume and overall revenues both dipped slightly. Persimmon […]

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