Development Finance
Bellway reports slower demand as mortgage rates rise
The group kept guidance for FY26 volume output between 9,300 and 9,500 homes, and underlying operating profit is expected within the range of £320m to £330m.
Bellway
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Bellway posts strong results with rise in completions
Total housing completions rose 2.7% to 4,702 homes at an average selling price of £322,180.
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Bellway completions rise by 2.7% as average selling prices increase
Total housing completions rose to 4,702 homes, up from 4,577 last year.
News
Bellway results: “The end of Help to Buy has been a hammer blow”
UK house builder, Bellway Plc, released its latest trading update this week, revealing a significant 28.4% drop in the overall reservation rate to 156 per week, and a 35.9% reduction in private reservation rate to 109 per week.