All the updated news related to mj gleeson

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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 the ...

06 Apr 2022 at 09:25

City

Redrow and MJ Gleeson put up house prices to return bumper profits

Two major British housebuilders have avoided the impact of rising costs for building materials and workers by jacking up prices for customers, they revealed on Thursday. Redrow said it had made a £203 million pre-tax profit and earned record ...

10 Feb 2022 at 11:55

City

Profits crumble for housebuilder MJ Gleeson as first-time buyer demand falls

Housebuilder MJ Gleeson has reported sliding profits and fewer homes sold as it blamed a drop in demand in the market on higher interest rates, the former chancellor’s “disastrous” mini-budget, and the end of the Help to Buy scheme. The ...

14 Sept 2023 at 12:00

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

Cancellations double at housebuilder MJ Gleeson following mini-budget

Housebuilder MJ Gleeson has reported that the proportion of purchases customers are cancelling has more than doubled compared to the start of this year. The company said there had also been a slowdown in demand since the mini-budget. ...

18 Nov 2022 at 12:16

City

Housebuilder reports shrinking first-time buyer numbers as mortgage rates surge

MJ Gleeson has become the latest housebuilder to see higher borrowing costs dampen demand for new homes, as the proportion of first-time buyers shrinks. The low-cost builder, whose homes start from about £116,000, said it sold fewer ...

07 Jul 2023 at 11:06

City

No short-term recovery expected in housing market, says MJ Gleeson

Housebuilder MJ Gleeson said the UK housing market “lacks confidence” and is not expected to substantially improve in the short term. It came as the Sheffield-based company said profits over the past year have been hit by planning ...

04 Jul 2025 at 10:34

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