Barratt says full year numbers will be ahead of expectations

Barratt Homes_Cricket Field Grove_Bracknell low carbon

However housebuilder sees completions drop in the first half and warns on further cladding costs

Housebuilder Barratt has increased its volume expectations for the year despite seeing completions for the six months to December 31 drop on the previous year.

Reporting half year results, the business has said it now expects to build as many as 18,250 homes in the full year to June, around 1,000 up on last year and significantly ahead of the 17,856 reported in 2019, prior to the pandemic.

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