All the updated news related to persimmon

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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

Persimmon boosts sales but warns over economic impact of Ukraine conflict

Housebuilder Persimmon enjoyed a boost in revenues and rising house prices as it benefited from a strong market. But the company said it could see disruption to the UK economy as a result of the conflict in Ukraine. Economists believe inflation ...

02 Mar 2022 at 09:25

City

Labour and material shortages to drag down building volumes for Persimmon

The cost impact of labour shortages and supply chain disruption on the housebuilding sector will be picked apart by investors when Persimmon unveils its half-year financial results on Wednesday. In July, the housebuilding giant warned that a ...

16 Aug 2022 at 14:25

City

Taylor Wimpey says sales dampened by economic storm

Taylor Wimpey has joined rival housebuilder Persimmon in sounding the alarm over the slowing housing market and rising mortgage rates. The FTSE 100-listed firm reported that the volume of private house sales had reduced by nearly half in ...

09 Nov 2022 at 11:20

City

Persimmon reveals falling demand and prices as UK housing market falters

Housebuilding giant Persimmon has revealed tumbling buyer demand, rising cancellations and falling prices as economic gloom and soaring mortgage rates hit Britain’s property market. Shares in the Charles Church owner fell 8% on Tuesday ...

08 Nov 2022 at 09:38

Housebuilders boosted by stamp duty cuts and moves to free up planning

Housebuilders have seen shares lift higher after the Chancellor’s move to slash stamp duty and reform Britain’s planning system. Vistry – formerly known as Bovis Homes – and rivals Countryside and Crest Nicholson enjoyed solid gains ...

23 Sept 2022 at 12:59

City

Persimmon slows housebuilding rate as market conditions bite

One of the country’s biggest housebuilders plans to nearly halve the number of homes it releases onto the market this year as challenging market conditions are expected to cut the amount it can charge. Persimmon said that it would ...

01 Mar 2023 at 08:32

City

Monthly mortgage costs doubled for some first-time buyers, Persimmon says

The monthly cost of mortgage payments for some first-time buyers has approximately doubled over the past year, housebuilder Persimmon said as it warned over a slump in housing sales in recent months. The British builder revealed ...

12 Jan 2023 at 11:45

City

Rightmove says it is untroubled by cooling off in the property market

Online real estate agent Rightmove does not expect to be significantly affected by a wave of uncertainty rippling through the property market which has forced some housebuilders to dramatically cut the number of homes they ...

03 Mar 2023 at 08:01

City

Persimmon warns of ‘highly uncertain’ 2024 despite recent rise in demand

Housebuilding giant Persimmon has revealed plunging home completions and cautioned over a “highly uncertain” property market in 2024, despite seeing demand edge up last month. The Charles Church group reported new home ...

07 Nov 2023 at 09:23

City

FTSE rallies as housebuilders buoyed by inflation fall

UK stock markets have enjoyed a rally after a bigger-than-expected fall in inflation offered hope for the squeezed mortgage market. London’s FTSE 100 jumped by more than 2% during the day, while the more UK-focused ...

19 Jul 2023 at 17:33

City

Persimmon sees annual profit halve and warns 2024 will ‘not be easy’

Housebuilding giant Persimmon has revealed that annual profits have more than halved, and warned 2024 will be another difficult year. The Charles Church builder saw pre-tax profits slump to £351.8 million in 2023 ...

12 Mar 2024 at 09:12

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