All Financing articles – Page 7
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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
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Rydon 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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Gleeson sees sales drop 14% in ‘challenging’ year
Housebuilder completes restructuring but sees ‘encouraging’ prospects despite drop in sales
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Ilke Homes goes into administration
‘All activities to cease’ as loss-making modular housebuilder fails to find a buyer
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Barratt 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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Mount Anvil finance chief leaves after two months
Former CFO had joined in May after 11 years at Telford Homes
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Affordable 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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Mortgage rates reach highest for more than seven months
The cost of mortgages have gone up further following Bank of England’s base rate rise to 5%
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Mount Anvil reports sharp rise in profit for 2022
London-focused regeneration developer says it has been ‘unaffected’ by build cost rises
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L&G ‘committed’ to housing despite modular U-turn
Housing boss says insurance giant remains ‘passionate’ about housing after shutting Leeds factory
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House sales 'to drop 25%' amid mortgage rate surge
Capital Economics also predicts sharp price falls ahead of vital Bank of England rate-setting meeting