All Financing articles – Page 13
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NewsPersimmon interim profit slumps by two-thirds
Housebuilder takes margin hit as volume falls but predicts full year completions at top end of expectations
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NewsBromford reports growth but surplus down in ‘challenging’ year
West midlands housing association narrowly missed its 1,289-home building target for 2022
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NewsBellway predicts ‘material’ drop in output in the year ahead
Housebuilder says forward sales down 44% and market has weakened further in last two months
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NewsFunding Affordable Homes secures debt refinancing in plan to triple output
A social impact fund which invests in UK affordable housing has secured £56m in debt refinancing and says it aims to expand to 3,000 homes
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NewsStonebond doubles its turnover as profits increase to £8.1m
The Cherry brothers’ business posted an increase in turnover of 51% to 98.7m following a pivot towards partnerships
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NewsLosses at TopHat’s factory business widen to over £20m
Goldman Sachs-backed modular housebuilder sees turnover drop despite ambitious expansion programme
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NewsModular developer TopHat Communities falls to £5.1m loss
Goldman Sachs-owned firm says it is confident despite ‘headwinds’ and pushing ahead with second factory
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NewsLovell profit hit by drop in open market sales
Partnerships housing arm of Morgan Sindall increases order book 27%
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NewsAffordable housing to make up a quarter of institution-owned homes by 2025
JLL says numbers of homes built by ‘for profit’ providers to double to nearly 60,000
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NewsHousebuilder share prices surge as mortgage rates drop back
Analysts call lending rate peak after yesterday’s better than expected inflation numbers cheer markets
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NewsS&P lowers Hyde’s credit rating due to higher-than-expected sales exposure
Credit rating agency raises concern about short-term risk but says Hyde’s ‘third-party’ investor strategy could lower exposure in the longer term
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NewsL&G Affordable Homes falls to £7.5m loss
Insurance giant subsidiary reports 2022 loss after revaluation of homes in wake of mini budget turmoil
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NewsBarratt predicts 25% completions slump for 2024
Housebuilder says private reservations have dropped significantly in recent weeks as interest rates have risen
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NewsAverage mortgage cost tops post mini-Budget high
Two-year fixed-rate mortgage deals now at the highest rate seen for 15 years
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NewsBrickmaker cuts jobs as housing recovery stalls
Forterra announces redundancy consultation amid ‘significant uncertainty’ in demand as interest rates rise
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NewsSanctuary boosts development but misses overall build target
119,000-home housing association looking to reduce Swan’s development programme and debt following takeover
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NewsRydon sets aside £27m for Grenfell civil claims settlement
Group including the contractor on the Grenfell Tower refurbishment also reports sharp drop in turnover in annual accounts
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NewsGleeson sees sales drop 14% in ‘challenging’ year
Housebuilder completes restructuring but sees ‘encouraging’ prospects despite drop in sales
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NewsIlke Homes goes into administration
‘All activities to cease’ as loss-making modular housebuilder fails to find a buyer
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NewsBarratt sells 600 homes to Lloyds rental subsidiary
Deal with Citra Living comes as housebuilders ramp up bulk sales in ‘challenging’ market