All the updated news related to crest nicholson

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City

Crest and Taylor Wimpey reveal hefty bills for cladding works after new pledge

Housebuilders Crest Nicholson and Taylor Wimpey have revealed further hefty bills after vowing to carry out more fire safety works on tall buildings in the wake of the Grenfell Tower tragedy. The firms are among those to sign up to the Government’s ...

05 Apr 2022 at 17:25

City

Cladding works set to cost housebuilder Redrow £200m

Housebuilder Redrow has set aside a further £164 million after vowing to carry out more first safety works in the wake of the Grenfell Tragedy. It will take the cost of the firm’s fire safety provisions to £200 million. Redrow has become one of ...

06 Apr 2022 at 09:25

City

Crest Nicholson facing extra cladding bill up to £120m after fire safety pledge

Housebuilder Crest Nicholson has revealed another hit of up to £120 million after pledging to carry out further fire safety works on tall buildings in the wake of the Grenfell Tower tragedy. The group said it is signing up to the Government’s ...

05 Apr 2022 at 09:25

City

Housebuilders Barratt and Redrow face bumper bills over cladding works

Housing giants Redrow and Barratt are facing hefty bills after pledging to carry out more fire safety works in the wake of the Grenfell tragedy. FTSE 100 firm Barratt became the latest firm to promise improvements to the Government on ...

06 Apr 2022 at 17:25

City

Crest Nicholson swings to profit, but sees cladding bill rise

Housebuilder Crest Nicholson has revealed another £29 million bill for high-rise cladding and fire safety measures as it swung to a full-year profit. The group said the charge follows its latest assessment of potential building ...

19 Jan 2022 at 10:27

City

Crest Nicholson shows slowdown in housing sales

More signs of a slowdown in the housing market have been visible at Crest Nicholson sites across the country in recent months as high mortgage rates put pressure on new buyers. Crest said the number of homes it sold at each of ...

17 Jan 2023 at 09:49

City

Crest Nicholson sees recovery in house sales, but warns some buyers need support

Housebuilder Crest Nicholson has warned that recent turmoil in mortgage markets is creating further differences between people with and without a lot of equity who are trying to buy a house. The business said that because ...

23 Mar 2023 at 09:19

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 ...

13 Mar 2023 at 15:45

City

Economic uncertainty is deterring buyers, says housebuilder Crest Nicholson

A summer slowdown in the housing market forced Crest Nicholson to downgrade its profit outlook for the year as buyers are put off by the tough economic climate. The housebuilder said that it had faced bad conditions, ...

21 Aug 2023 at 14:34

City

Crest Nicholson slashes profit forecast again as costs mount

Crest Nicholson has lowered its profit expectations again after warning it is facing mounting costs over a long-delayed housing project in Surrey. The housebuilder also said it is expecting a legal bill for a fire ...

15 Jan 2024 at 08:18

City

Boss announces retirement as Crest Nicholson profit falls

The boss of housebuilder Crest Nicholson has announced his departure as the company posted a largely expected major reduction in its profits. Crest said that its adjusted pre-tax profit was £41.4 million in the ...

23 Jan 2024 at 09:19

City

Crest signals job cuts could be on the horizon as housing market slows

Housebuilder Crest Nicholson has signalled it could start cutting jobs soon as a slowdown in the construction sector hit its business. The company said that it would “align headcount” in its divisions to their ...

16 Nov 2023 at 12:07

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