All finance articles – Page 3
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NewsNewly-merged Southern misses build target by a third as it scales back development
78,000-home group slashing new build to 250 homes year over next three years
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NewsIlke 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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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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NewsWatkin Jones issues profit warning as CEO resigns
Build-to-rent and student housing specialist warns underlying profit may not increase from half year level if sales fall through
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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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NewsDLUHC admits handing £1.9bn of housing funds back to Treasury
Gove’s department says affordable homes cash can be re-profiled but £1.2bn of Help to Buy funds lost
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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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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
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NewsAffordable homes funding overhauled as government misses programme target
Homes England will be able to fund replacement affordable homes for the first time amid deepening delivery challenges
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NewsIlke Homes files notice of intention to appoint administrator
Action gives troubled modular housebuilder two week breathing space from creditors in which to sell company
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NewsBellway private reservations down 30%
Housebuilder chief executive says firm ‘mindful’ over the current path of interest rates
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NewsCrest Nicholson’s profit nearly halves as sales fall
Firm says slower market has prevented it from raising selling prices to offset inflation hit
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NewsIlke Homes in race to pull in more funding
Modular housebuilder aiming to avoid inclusion of ‘material uncertainty’ statement in delayed annual accounts
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NewsHousebuilder shares slump as inflation remain stubbornly high
Speculation grows that Bank of England will raise base interest rates above 5% to control prices
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NewsInland finalises huge Cavalry Barracks permission
Troubled housebuilder in line for payday from development of historic 1,525-home Hounslow scheme
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NewsEnglish Cities Fund set to expand beyond 6,500-home target
Chair of public-private partnership developer says £200m Fund has more major deals in pipeline
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NewsVistry raises profit forecast as conditions ‘improve’
Housebuilder issues update amid expected controversy over remuneration package at AGM
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NewsL&G's Cala reports ‘encouraging’ sales recovery
L&G-owned housebuilder says reservations down 25% on 2022 but market ‘normal’
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NewsPfP Capital appoints fund manager for regional PRS platform
Places for People wants to drive its single-family rented housing strategy