All the updated news related to vistry

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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 in the FTSE 250 ...

23 Sept 2022 at 12:59

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

Vistry agrees £1.25bn takeover of housebuilding rival Countryside

Housebuilder Vistry Group has agreed a takeover of rival Countryside Properties in a deal worth around £1.25 billion. Vistry – formerly known as Bovis Homes – said the cash and share offer totals about 249p a share and marks a 9.1% premium ...

05 Sept 2022 at 09:09

City

Housebuilding sector to come under spotlight with a trio of results

Investors will get a good idea of how the housing market is faring with a trio of leading housebuilders unveiling financial results next week. Barratt Developments, Berkeley Group and Vistry are all set to update shareholders on their ...

02 Sept 2022 at 16:25

City

Vistry sees profit dip as it sets aside cash for post-Grenfell safety upgrades

Housebuilder Vistry has said that profit dropped by more than a fifth last year as it set aside cash to make buildings fire safe in the wake of the 2017 Grenfell fire. The builder said it had set aside £97 million during the year, ...

22 Mar 2023 at 09:48

City

Shareholders revolt against Vistry boss’s new maximum pay

Shareholders of housebuilder Vistry have made it clear they are unhappy with the company’s new pay policy for its top bosses as it passed with just a slim majority. In a meeting on Wednesday, around 45% of votes were cast against ...

30 Aug 2023 at 14:24

City

Housebuilders set to report amid soaring interest rates

After their shares soared on the Government’s decision to relax environmental rules, three housebuilders are preparing to update shareholders next week. Vistry, Barratt Developments and Berkeley Group will all update ...

01 Sept 2023 at 14:38

City

Housebuilder Vistry says that interest rates weighed on sales in recent weeks

Housebuilder Vistry Group has said the number of homes it built in the first six months of the year slowed as higher interest rates pushed down how quickly it could sell properties. The business said it had seen a ...

20 Jul 2023 at 09:14

City

Vistry ‘optimistic’ lower mortgage rates will boost demand in housing market

Housebuilder Vistry has said it is hopeful that the recent easing of mortgage costs will boost demand in the housing market this year, as it said it had a better 2023 than some of its rivals. The affordable homes ...

12 Jan 2024 at 11:14

City

Vistry to merge housebuilding arm with affordable homes division

Housebuilder Vistry has unveiled plans to merge its housebuilding division with its affordable homes business Partnerships as it posted a fall in half-year profits. The firm said it wants to refocus the group’s ...

11 Sept 2023 at 09:49

City

Vistry expects profit to rise to £450m this year

Housebuilder Vistry said it expects profit to grow this year despite pressure that has been squeezing many of the country’s property companies in recent months. The company, formerly known as Bovis Homes, said ...

18 May 2023 at 11:04

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