All the updated news related to bellway

All the news related to bellway updated in real time

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City

Bellway delivers record housing revenues but cuts selling price outlook

Housebuilder Bellway has notched up record half-year housing revenues but cut its outlook for property selling prices over the year ahead. The Newcastle-based group said housing revenues rose 13% to more than £3.5 billion in the year to July 31, ...

09 Aug 2022 at 09:57

City

Government warns housebuilders not to miss cladding deadline

Housebuilders who do not sign up to a voluntary pledge to help fix unsafe cladding on tall buildings could be banned from new construction, the Government has warned. Levelling Up, Housing and Communities Secretary Michael Gove warned those who ...

13 Apr 2022 at 11:25

City

More housebuilders face bumper costs over cladding remediation pledges

Bellway, Countryside and Vistry have become the latest UK housing firms to book hefty costs and sign up to the UK Government’s fire-safety pledge in the wake of the Grenfell Tower tragedy. All firms said they are setting aside multi-million ...

07 Apr 2022 at 10:25

City

Housebuilder Bellway sees profits rise but Ukraine war adds to cost pressures

Housebuilder Bellway has notched up higher half-year profits but revealed a further bill for high-rise fire safety works and cautioned over ongoing cost pressures amid the Ukraine conflict. The Newcastle-based group reported a 9.8% rise in ...

29 Mar 2022 at 09:25

City

Housebuilder Bellway flags signs of recovery after plunging demand

Housebuilder Bellway has said homebuyer demand has started to improve after seeing reservations plunge by nearly 50% due to soaring mortgage rates. The group, whose headquarters are in Newcastle, reported underlying pre-tax profits ...

28 Mar 2023 at 09:26

City

Big four housebuilders sign up to post-Grenfell cladding pledge

Five of the UK’s big housebuilders have signed new deals with the Government designed to ensure they fix cladding problems that were discovered after the Grenfell fire. Persimmon, Taylor Wimpey, Crest Nicholson, Bellway and Redrow ...

13 Mar 2023 at 15:45

City

Bellway says new home sales to fall after jump in mortgage rates

Bellway has said it will build fewer homes this year due to a sharp slowdown in the property market after significant increases in mortgage rates. The FTSE 250 housebuilder told shareholders on Wednesday that it expects sale ...

09 Aug 2023 at 13:04

City

Watchdog opens investigation into eight housebuilders over information-sharing

The UK competition watchdog has opened an investigation into eight housebuilders following evidence they may be sharing commercially sensitive information. The Competition and Markets Authority (CMA) launched the probe amid ...

26 Feb 2024 at 13:06

City

Bellway warns over house price falls and 31% drop in new builds

Housebuilder Bellway has warned it will build nearly a third fewer homes over the year ahead amid slumping demand and falling house prices. The Newcastle-based builder said average weekly reservations per site fell 27% ...

17 Oct 2023 at 09:15

City

Bellway sees ‘encouraging’ signs after mortgage rates drop

Housebuilder Bellway said it has seen “encouraging” signs that buyers are coming back to the market after mortgage rates started to fall. The company said that after a bruising six-month period which saw housing ...

09 Feb 2024 at 12:18

City

Bellway boss ‘encouraged’ as mortgage rates start to fall

The boss of Newcastle-based housebuilder Bellway has been “encouraged” as the reduction in mortgage rates in recent months has made buying more affordable for potential customers. Jason Honeyman said the ...

26 Mar 2024 at 14:27

City

Bellway sees buyer demand drop amid soaring mortgage rates and economic woes

Housebuilder Bellway has revealed a drop in homebuyer demand and warned that sales volumes are set to remain largely flat over the year ahead due to rising interest rates and wider economic uncertainty. ...

18 Oct 2022 at 09:03

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