Stonewater increases development but surplus dips

By Carl Brown2025-01-02T11:41:00

Reduced shared ownership staircasing and increased costs squeeze 40,000-home provider’s operating surplus

Stonewater has increased its development by 16%.

The 40,000-home housing association, in a trading update said it completed 437 homes in the six months to 30 September, up from 378 in the same period last year.

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