Bellway has reported a 30% drop in turnover for the first half of the year.

The housebuilder, for the six months to 31 January 2024 recorded revenue of £1.25bn, down on the £1.8bn recorded in the same period the year prior.  

Total completions and average selling prices were also down, from 5,695 to 4,092 and from £316,929 to £309,300, respectively.