UK's Barratt to build around 20% fewer homes in 2024 The UK's largest homebuilder Barratt Developments warned it would build far fewer homes this fiscal year as rising mortgage rates and stubborn inflation hit demand, sending its shares down more than 5% today. Business • 13 Jul 23
UK's Barratt to build around 20% fewer homes in 2024 The UK's largest homebuilder Barratt Developments warned it would build far fewer homes this fiscal year as rising mortgage rates and stubborn inflation hit demand, sending its shares down more than 5% today. Business • 13 Jul 23
Barratt says UK house reservations drop Britain's largest homebuilder Barratt Developments has today reported a plunge in reservations in recent weeks as a deepening cost-of-living crisis and soaring mortgage rates hit the housing market hard. Business • 12 Oct 22
Barratt says UK house reservations drop Britain's largest homebuilder Barratt Developments has today reported a plunge in reservations in recent weeks as a deepening cost-of-living crisis and soaring mortgage rates hit the housing market hard. Business • 12 Oct 22
UK's Barratt Developments posts record annual profit Barratt Developments said today it would buy back shares worth £200m, after UK's biggest housebuilder posted a record annual profit and said it was on track to meet volume output target for fiscal 2023. Business • 07 Sep 22
UK's Barratt Developments posts record annual profit Barratt Developments said today it would buy back shares worth £200m, after UK's biggest housebuilder posted a record annual profit and said it was on track to meet volume output target for fiscal 2023. Business • 07 Sep 22
Barratt bookings rise as UK housebuying stays strong Barratt Developments said today that forward sales for the past three months had risen above pre-pandemic levels, driven by sustained housebuying. Business • 13 Oct 21
Barratt bookings rise as UK housebuying stays strong Barratt Developments said today that forward sales for the past three months had risen above pre-pandemic levels, driven by sustained housebuying. Business • 13 Oct 21
Barratt upbeat on near-term growth as profits surge Britain's biggest homebuilder Barratt Developments has forecast robust forward sales, allaying concerns about a cooling housing market following the partial removal of a temporary cut in property purchase tax. Business • 02 Sep 21
Barratt upbeat on near-term growth as profits surge Britain's biggest homebuilder Barratt Developments has forecast robust forward sales, allaying concerns about a cooling housing market following the partial removal of a temporary cut in property purchase tax. Business • 02 Sep 21
Barratt benefits as housing market rises from Covid low Britain's biggest housebuilder Barratt Developments has today raised its annual volume forecast and said it could resume dividend payments next month. Business • 08 Jan 21
Barratt benefits as housing market rises from Covid low Britain's biggest housebuilder Barratt Developments has today raised its annual volume forecast and said it could resume dividend payments next month. Business • 08 Jan 21
UK watchdog starts probe into big homebuilders Britain's competition regulator has today launched an investigation into four of the country's biggest housebuilders, saying they may have broken a consumer protection law in relation to leasehold homes. Business • 04 Sep 20
UK watchdog starts probe into big homebuilders Britain's competition regulator has today launched an investigation into four of the country's biggest housebuilders, saying they may have broken a consumer protection law in relation to leasehold homes. Business • 04 Sep 20
UK housebuilder Barratt scraps special dividend Britain's biggest housebuilder, Barratt Developments, has scrapped a special dividend payout for 2021 as it reported a near 30% fall in full-year housing completions and revenue. Business • 02 Sep 20
UK housebuilder Barratt scraps special dividend Britain's biggest housebuilder, Barratt Developments, has scrapped a special dividend payout for 2021 as it reported a near 30% fall in full-year housing completions and revenue. Business • 02 Sep 20
Barratt's volumes drop by a third, but order book grows UK homebuilder Barratt Developments said today its deliveries had fallen by a third as the coronavirus crisis halted construction activity, but it said that it was starting the new financial year with "cautious optimism". Business • 06 Jul 20
Barratt's volumes drop by a third, but order book grows UK homebuilder Barratt Developments said today its deliveries had fallen by a third as the coronavirus crisis halted construction activity, but it said that it was starting the new financial year with "cautious optimism". Business • 06 Jul 20
UK's Barratt says much of workforce will return in May Barratt Developments said today it would restart work on its construction sites from May 11, with a significant proportion of its furloughed workforce returning to work before the end of the month. Business • 01 May 20
UK's Barratt says much of workforce will return in May Barratt Developments said today it would restart work on its construction sites from May 11, with a significant proportion of its furloughed workforce returning to work before the end of the month. Business • 01 May 20
Barratt keeps annual sales volume target Barratt Developments has today stuck to its annual sales volume target despite the UK's biggest housebuilder starting the year on a tepid note. Business • 16 Oct 19
Barratt keeps annual sales volume target Barratt Developments has today stuck to its annual sales volume target despite the UK's biggest housebuilder starting the year on a tepid note. Business • 16 Oct 19
Barratt Developments defies sluggish housing sector Britain's biggest housebuilder Barratt Developments today reported higher annual pretax profit, benefiting from increased margins and higher home sales in the face of a tough real estate market. Business • 04 Sep 19
Barratt Developments defies sluggish housing sector Britain's biggest housebuilder Barratt Developments today reported higher annual pretax profit, benefiting from increased margins and higher home sales in the face of a tough real estate market. Business • 04 Sep 19
UK housing market sluggish ahead of Brexit - Berkeley Berkeley Group Holdings said that the UK housing market lacked urgency and was constrained by high transaction costs, limits on mortgage borrowing and uncertainty over next year's Brexit. Business • 05 Sep 18
UK housing market sluggish ahead of Brexit - Berkeley Berkeley Group Holdings said that the UK housing market lacked urgency and was constrained by high transaction costs, limits on mortgage borrowing and uncertainty over next year's Brexit. Business • 05 Sep 18
