Berkeley issues build cost warning

Berkeley Group Woodberry Down

London housebuilder says it remains on track to deliver expected profit

London-focused housebuilder Berkeley Group has warned over the impact of continued build cost inflation in a city trading update released this morning.

The firm said it remained on course to meet profit expectations for the current financial year given a “gradual firming” of the London market since the lifting of lockdown restrictions and “robust” conditions elsewhere.

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