Barratt beats MMC housebuilding target

Barratt

Announcing a record annual profit the listed firm says it built a fifth of its homes using modern methods of construction a year ahead of schedule

Barratt said today it had beaten a self-imposed target of 20% of its homes being built using MMC a year ahead of schedule.

The housebuilder, which today announced a record annual pre-tax profit of £910m on turnover of £4.8bn, said over the last three years it had built 5,274 homes using timber frame, with the majority of these in Scotland, while it was increasing its use across England and Wales, and it also used large format block and light gauge steel frame techniques.

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