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Search results for bellway

UK builders battered as borrowing costs rise: Investors trim bets on Bank of England interest rate cuts
1 month, 3 weeks ago

UK builders battered as borrowing costs rise: Investors trim bets on Bank of England interest rate cuts

Daily Mail  

Shares in British housebuilders tumbled yesterday as investors trimmed bets on Bank of England interest rate cuts in the wake of the Budget. On a day of turmoil on financial markets amid concerns over Rachel Reeves’s borrowing plans, blue chip developer Persimmon fell 7.5 per cent while Bellway was down 7 per cent and Taylor Wimpey shed 6.7 per cent. …

Budget Bank Interest Rates Bank Of England
Bellway abandons £720m takeover deal for rival Crest Nicholson
4 months, 1 week ago

Bellway abandons £720m takeover deal for rival Crest Nicholson

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Last month, FTSE 250 firm Bellway put forward a …

Crest 720M Takeover Bellway Crest Nicholson
Builder Crest Nicholson rejects £650m Bellway offer just hours after profit warning sends shares tumbling
6 months, 1 week ago

Builder Crest Nicholson rejects £650m Bellway offer just hours after profit warning sends shares tumbling

Daily Mail  

Struggling housebuilder Crest Nicholson has rejected a £650million takeover offer from rival Bellway. Its valuation was at a 30 per cent premium to Crest Nicholson’s share price at the time the offer was made, Bellway said. Crest’s shares had slumped by 11.6 per cent, or 28p, to 212.8p, valuing it at just £547million after its profit warning. Crest said yesterday …

Offer Bellway Crest Nicholson Profit Warning Housebuilder Crest
Housebuilder Bellway flags signs of recovery after plunging demand
1 year, 8 months ago

Housebuilder Bellway flags signs of recovery after plunging demand

The Independent  

Housebuilder Bellway has said homebuyer demand has started to improve after seeing reservations plunge by nearly 50% due to soaring mortgage rates. Following the recent slowdown in reservation rates across the wider sector, we anticipate overall supply chain pressures to ease in the year ahead Bellway The group said its private reservation rate lifted to 135 a week – an …

Reservation Bellway Reservation Rates
Five major housebuilders sign up to post-Grenfell cladding pledge
1 year, 9 months ago

Five major housebuilders sign up to post-Grenfell cladding pledge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Five of the UK’s big …

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Leasehold scandal: Five major developers abolish ground rents on new flats
4 years ago

Leasehold scandal: Five major developers abolish ground rents on new flats

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Two of the four developers that are currently being …

Help Scheme Ground Rents Buy Zero Flats