News Tag: reservations
November 19, 2009
Bovis Homes achieved 1,488 private reservations in the year to 13th November 2009, an 83% rise on the comparative figure for the same period in 2008.
The group also says it anticipates legally completing around 1,800 sales in 2009, of which 1,500 are expected to be private homes (compared with 1,223 a year earlier) and around 300 social homes (compared ...
Bovis reservations 83% up on the year
by Gill Montia
May 13, 2009
In a trading update covering the 19 weeks to 10th May, Barratt Developments has reported that visitor and reservation rates have risen as the Spring selling season gets underway.
Cancellation rates averaged approximately 16% for the period, compared to 25.7% a year earlier.
Visitor levels per site for the 19 week period were down 6% compared to a year earlier, although ...
Barratt reports rise in private sales and reservations
by Gill Montia
May 11, 2009
In a trading update, Bovis Homes reported that in the 17 weeks to 1st May the group secured 638 reservations for private house sales, compared with 373 in the same period of 2008.
Despite the 71% increase, trading remains around 25% lower than during the comparable period of 2007.
The housebuilder also says it has successfully reduced its unsold finished stock level from ...
Bovis reports 71% rise in reservations
by Gill Montia
April 1, 2009
Housebuilder Bellway has reported that it has seen house prices fall by up to 40% from their peak in August 2007.
In presenting its half-year interim results for the six months to the end of January, the firm also revealed that it sold 2,014 homes during the period, down from 3,252 a year earlier.
The average selling price stood at £156,100 although housing ...
Housebuilder Bellway reports rise in reservations
by Gill Montia
February 24, 2009
Housebuilder, Redrow, reported a 58% fall in revenues in the second half of 2008 leaving the company facing a pre-tax loss of £46.2 million, compared with a profit of £35.8 million in the same period of 2007.
Falling sales and lower selling prices were to blame; during the second half of last year, the company said sales reservations across the UK were down ...
Redrow’s house sales fall 49%
by Gill Montia
November 12, 2008
Taylor Wimpey is the latest housebuilder to reveal the full extent of the downturn in the UK property market.
The company has revealed that its order book for the first 44 weeks of 2008 fell by around 40%, to 6,607.
The figure compares with 11,074 over the same period of 2007.
During the six months to the end of June, the average selling ...
Taylor Wimpey order book down 40%
by Gill Montia
November 7, 2008
Housebuilder, Bovis, has announced that it expects to complete 1,800 homes during 2008, compared with 2,930 last year.
The group's stock of unsold homes stands at over 900, despite price reductions and an incentive scheme aimed at attracting buyers.
The slowdown in the private housing market is forcing the builder to focus more on the less profitable social housing sector and to ...
Bovis and Redrow epitomise housebuilders’ woes
by Gill Montia
August 14, 2008
The doom and gloom continues in the housing market today as housebuilder Bellway reported a 45% fall in reservations of its homes in the second half of the financial year, compared with the same period last year.
Bellway added that completed sales had dropped by 14% compared with last year as the mortgage squeeze meant that prospective buyers were unable ...
Bellway adds more gloom to property market
by Kay Murchie
