Bellway predicts flat volume for 2023 on ‘improved’ reservations

bellway

Housebuilder says visitors to sites and reservations have picked up since end of 2022

Volume housebuilder Bellway has said it is on course to build around 11,000 homes this year following an “improved” level of reservations since New Year.

However, this improvement follows a huge drop-off in demand in the wake of the mini-budget in September, which Bellway said in a half-year trading update today have seen private reservations since July fall by 44% on the previous year.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now