Ben Hardy on EastEnders and his new LGBTQ film Unicorns: We’re all multi-faceted. Why stick to one label?
Barratt Developments: Housebuilder blames mortgage misery for plummeting profits Property The number of homes the company built also declined 3.9 per cent during the term to 17,206, as a series of interest rate hikes by the Bank of England made buyers cautious.
Barratt Developments share price in focus following Bank of England rate rise Barratt Developments The market will turn its focus to Barratt Developments’ trading update next Thursday to see how soaring mortgage rates and a tumultuous period for the property sector is impacting UK house building companies. The housebuilder’s shares have fallen by around a tenth over the past 12 months and more than half from their pre-pandemic levels, [...]
Barratt Developments warns a ‘deterioration’ in demand for homes due to rate pain has hit hard Barratt Developments Barratt Developments has warned a “deterioration” in demand for homes has hit housebuilding hard, as a tumultuous mortgage market continues to pile on misery, with the group’s share price down over four per cent when markers opened this morning. The residential building company said net private reservation rate – the number of people putting their [...]
Barratt: FTSE 100 developer will bank on mortgage cuts for sales lift February 3, 2024 Barratt Developments will update investors on its half year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet.
‘Barratt Redrow’ merger to highlight investors’ skewed opinions on UK housing market February 7, 2024 Shares in major FTSE 100 and 250 housebuilders suffered a mixed day so far on the London market, as Barratt Developments' surprise £2.5bn megamerger with Redrow highlighted investors' skewed opinions on the state of UK housing.
Housebuilder Barratt warns volatility is clouding outlook October 12, 2022 Housebuilder Barratt Developments warned that economic volatility was clouding the picture for the year ahead today but doubled down on profit targets for the remainder of the year.
Barratt Developments to resume paying dividends next month January 8, 2021 Barratt Developments announced this morning that it intends to resume shareholder payouts next month as it reported a surge in new home sales due to pent-up demand following the first nationwide Covid-19 lockdown. The FTSE 100 housebuilder said it had delivered an “excellent first half performance” but warned that sales rates had become more subdued [...]
Barratt sinks and Redrow jumps after £2.5bn megamerger announced February 7, 2024 Two of Britain's leading homebuilders, Barratt and Redrow, have announced a merger agreement worth £2.5bn.
Vistry, Barratt and Berkley: Housebuilders to report as investors nervous on rates, mortgages and rule changes September 1, 2023 After their shares soared on the Government’s decision to relax environmental rules, three housebuilders are preparing to update shareholders next week. Vistry, Barratt Developments and Berkeley Group will all update shareholders during the week, as nervous investors will be looking for more indications of what is happening in the mortgage market. Vistry has already said [...]
Barratt ‘on track’ but forward sales slow amid house price concerns May 3, 2023 Barratt Developments has assured investors that it is “on track” for the year despite revealing a decline in forward sales, however the group’s share price tumbled 0.32 per cent when markets opened. In a trading update this morning the London-listed house builder noted that the economic outlook remained “difficult” as it posted total forward sales [...]