All Financing articles – Page 13
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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
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Persimmon 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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Bromford 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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Bellway 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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Funding 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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Stonebond 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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Losses 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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Modular 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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Lovell profit hit by drop in open market sales
Partnerships housing arm of Morgan Sindall increases order book 27%
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Affordable 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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Housebuilder 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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S&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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L&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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Barratt 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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Average 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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Brickmaker cuts jobs as housing recovery stalls
Forterra announces redundancy consultation amid ‘significant uncertainty’ in demand as interest rates rise
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Sanctuary boosts development but misses overall build target
119,000-home housing association looking to reduce Swan’s development programme and debt following takeover