Vistry’s profit has fallen in the first six months of 2025 but is it expecting a “significant step up” in affordable housing contracts in the second half of this year and next due to new government funding and policies designed to help social landlords develop.

 The partnerships housebuilder today said its adjusted pre-tax profit for the six months to 30 June was around £80m. This is down by a third on the £120.7m reported in the same period the previous year. It said this is line with expectations and it is still on track to increase full-year annual profit.