All Financing articles – Page 12
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MJ Gleeson profit drops 43%
Housebuilder and land trader reports ‘subdued’ summer but says it expects autumn pick up in sales
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Redrow says profit will halve next year
Housebuilder reports better than expected results as revenue remained steady in the year to July
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Ilke subsidiary to be liquidated due to lack of funds to pay creditors
Statement from collapsed modular firm’s administrator reveals 11th hour rescue bid almost saved company
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Inland Homes subsidiary breaches loan covenant
South east housing developer says it is yet to secure a waiver for £13.6m loan
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Onward Group returns to surplus despite contractor failure costs
North west association in charge of 35,000 homes forced to write-down value of development schemes
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Vistry targeting 25,000 homes per year under new partnerships strategy
Partnerships boss Stephen Teagle says firm will reach 20,000 homes per year in ‘short measure’
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Vistry changes strategy to focus fully on partnerships housing
Shares in listed firm soar as boss Greg Fitzgerald lays out plan to merge housebuilding business into partnerships arm
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Barratt share price falls as it reports no improvement in demand
UK’s top housebuilder reports fall in adjusted profit and still expects big drop in 2024 build volume
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Sage Homes built ‘record’ 3,447 affordable homes in 2022
For profit provider’s highest ever delivery figures still 15% below target as development hit by economic turmoil
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Ilke collapsed into administration with debts of £319m
Staggering debts of modular housebuilder include £68m to Homes England and £227m to equity investors
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Acquisitions help boost Aster turnover
Audited accounts confirm 36,000-home housing association has hit 1,300 development target for 2022/23
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Vistry shareholders revolt over executive pay
Housebuilder wins narrow approval for package that will CEO Greg Fitzgerald pocket up to £5.6m per year
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Inland Homes warns of ‘likely’ loan covenant breach with subsidiary
Housebuilder and brownfield developer expects asset write-down to impact agreement with specialist funding vehicle
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Guinness beats annual completions target as development bounces back
64,000-home association boosts turnover through bulk sale
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Crest Nicholson to review ‘all cash commitments’ as sales drop
Housebuilder says drop in sales will impact cash position but finances remain strong
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Kingspan half-year figures show steady performance
Turnover marginally down and profit slightly up at Irish firm
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Platform increases development amid contractor price increases
Midlands-based landlord expects to complete 1,300 homes in 2023/24
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Cala Homes profit slumps 25% in half year numbers
Insurance giant L&G’s housebuilding business sees completions fall in ‘challenging market’
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Affordable later living providers call off merger
Housing 21 and Extra Care Charitable Trust say they will develop their own distinct services
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Major lenders cut mortgage rates
Halifax, HSBC, Nationwide and TSB rate cuts further evidence that mortgage rates peaked in late July