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30th of December 2010
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News Tag: completions

August 5, 2010

Taylor Wimpey: UK housing market “relatively robust”

by Gill Montia
Taylor Wimpey has reported "relatively robust" UK housing market conditions over the first half of 2010, having achieved 4,804 legal completions, up slightly from 4,702 a year earlier. The group sold 3,925 homes to private buyers and 866 to affordable housing providers, with the remainder joint ventures. Encouragingly, the developer's cancellation rate scaled back to 16% in the six months to the ...

July 15, 2010

Mortgage constraints & economic uncertainty bedevil new housing market

by Gill Montia
Barratt Developments completed 11,377 homes in the year to the end of June, down from 13,277 in the previous 12 month period. Private completions fell to 9,455, compared with 11,133 in 2008/09; social housing completions stood at 1,870 as against 2,069 and joint ventures were down from 75 to 52. However, the developer's cancellation rate settled out at 18% in ...

May 14, 2010

Barratt reports rise in forward sales

by Gill Montia
Barratt Developments has reported a 14% increase in private reservations for the period 1st January to 9th May 2010, compared with the previous six months. In addition, overall forward sales rose 32% on a year earlier, to £1.07 billion. In the first half of 2010, the average selling price of a Barratt home is on track to increase by around 15% on the ...

March 4, 2010

Persimmon reports strong forward sales book

by Gill Montia
Persimmon Homes managed 8,976 legal completions in 2009, compared with 10,202 in 2008, with an average selling price of £160,513 (down from £172,994 last year). However, Britain's largest house builder says it has a strong forward sales book of around £900 million, up 29% on 2008. Ninety new sites are scheduled to open in the first half of 2010, compared with 90 during ...

August 22, 2009

New housing starts up 63%

by Gill Montia
House building in England has surged, with figures from the Department for Communities and Local Government showing a 63% quarterly rise in the number of new starts. During the three months to the end of June work began on an estimated 29,980 homes although the figure fell 9% short when compared to the same period of 2008. The second quarter of 2009 also saw ...

May 15, 2008

Housebuilding slumps as developers delay new starts

by Gill Montia
Housebuilding slumps as developers delay new starts
The Department for Communities and Local Government has released statistics for housebuilding in England during the first quarter of 2008. New housing starts were down 21% on the final quarter of last year (to 32,100) and 24% below the level recorded in the first quarter of 2007. Meanwhile, housing completions for all dwellings in England fell to around 39,500 in the ...