Tag: Bellway
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Bellway Sees Confidence Return to Housing Market
Housebuilding giant Bellway has reported a strong finish to the year, giving developers and investors a reason to be optimistic. The company is seeing a rebound in the housing market, fueled by falling mortgage rates and a slowdown in inflation. Confidence is Back Bellway’s results paint a positive picture for the housing market. The company…
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Bellway – Housebuilders’ Prices Up, Homes Selling Fast
It seems the UK housing market is finally starting to recover, and some housebuilders are cashing in! Bellway, has just announced that it’s expecting to rake in even more cash this year than they thought. They’re now predicting their average home sale will hit a whopping £305,000, a big jump from their previous estimate. That’s…
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“Own New” – Sub-1% Mortgage Rates Now Available for New Builds
Own New has unveiled a mortgage scheme that harks back to the near-record low rates of Autumn 2021. But there’s a catch – these dreamy rates are exclusive to new-build home buyers. Dubbed the “Rate Reducer” scheme, this innovative offer promises to make homeownership more accessible and affordable, especially for those willing to invest in…
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Virgin Money Launches New Mortgage Scheme
Virgin Money has just unveiled a new mortgage product in partnership with Own New, designed to make the dream of owning a new build home more achievable for many. Dubbed the “Rate Reducer,” this new offering is set to revolutionise how prospective homeowners can afford their future homes. Making New Homes More Affordable As of…
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UK’s Largest Homebuilder Faces Uncertainty Amid Mortgage Struggles
The UK’s housing market is experiencing significant turbulence, with major industry player Barratt Developments signalling a challenging year ahead due to buyers’ difficulties in securing mortgages. This trend underscores the widespread impact of economic conditions on potential homeowners and the housing industry at large. A Troublesome Climate for Buyers and Builders Barratt, the leading housebuilder…
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Government Won’t be Helping House Prices
Experts predict delay in real-terms growth in property prices, with government unlikely to intervene to boost prices in upcoming Autumn Statement Property prices in the UK are expected to experience real-terms growth in two or more years, as higher mortgage rates and cost of living pressures continue to drive down property values. The latest data…
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London House Prices – 5 Trends from the Data
The housing market in the UK has seen some interesting trends in recent months, with both renting and buying markets experiencing fluctuations. City AM spoke to several experts on the London market and got five key takeaways from the latest data: What’s Next? In essence, the housing market in the UK is currently a bit…
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Are Housebuilder Shares a Good Buy?
Some experts argue that this is a good time to buy shares in UK housebuilding companies, even though their short-term prospects look bleak. In Layman’s Terms: Housebuilding companies are facing tough times due to increased costs and political decisions. However, they have shown they can handle challenges and are in a better position now than…
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Persimmon – Housebuilder Says it Will Hit Targets
The housebuilding company Persimmon saw its shares rise after it announced it expects to hit the targets it set for this year, despite a tough market. Their share price added 25p, making it worth 1148.5p per share. Homes & Prices What’s the company leader saying? Dean Finch, the chief exec of Persimmon, says there aren’t…