Latest News

Youthbuilding Awards recognise trainees\' success

This year’s national Youthbuilding Awards, sponsored by NHBC, will be presented at the at Manchester Town Hall on October 4.

Miller Homes’ half yearly profits up 29%

The privately owned Miller Group has posted a record set of interim results for the six months to June 30, with pre-tax profits up 29% to £35.7 million, and profits from the Homes business up 29% to £47.1 million. Following the acquisition of Fairclough, Miller Homes delivered a 67% increase in sales to 1,776 units, with turnover rising 70% to £314 million.

Rising numbers struggling with mortgages

More than three quarters of a million homeowners are failing to keep up with mortgage repayments, raising fears they may lose their homes.

Year of \"strategic progress\" for Redrow as tough market hits margins

Redrow’s profits during the year have been hit by tougher market conditions, falling by 13% to £120.5 million according to its preliminary results for the year to June 30. But the group has boosted it dividend per share by 20% and increased its landbank underlying its \"strong position for growth.\"

Record year for Galliford Try

Galliford Try has announced record pre-tax profits of £32.5 million after a strong year of growth and acquisitions.

Urban Splash posts record annual results

The Urban Splash Group has announced record results in its trading update for the year ending March 31 2006. Pre-tax profits are up by 77% to to £8.9 million, and turnover has grown by 114% to £57.3 million.

Profits drop at Wilson Bowden but strong second half expected

Wilson Bowden’s pre-tax profits fell by more than £16 million in the first half of 2006 as the housebuilder experienced a slow start to the year.

Linden looks for buyer

Privately owned developer Linden Homes has put itself on the market for £300 million.

Consortium set for McCarthy & Stone acquisition deal

The Morther Bidco consortium, led by the Bank of Scotland and including the Reuben brothers, is set to acquire retirement housebuilder McCarthy & Stone for more than £1 billion - the largest takeover deal in British housebuilding history.

Double housing numbers - IPPR