Housing
Vistry building safety provision rises above £350m
Vistry's building safety provision has risen above £350m after the housebuilder identified further buildings and reassessed remediation work. In its interim re…
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Housebuilders
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Latest on Housebuilders
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Housebuilder Crest Nicholson warns of annual loss in 'subdued' property market
Firm will complete fewer homes than expected in year to 31 October - between 1,350 and 1,400The British housebuilder Crest Nicholson has warned of a surprise l…
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Housebuilders' profit warnings hit 2008 levels
The number of profit warnings issued by listed housebuilders this year equalled the level seen in the first half of 2008 during the global financial crisis, ne…
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State housebuilder could support sector through troughs, minister says
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Housebuilder sued for £2.1m by client over alleged defects
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Macro
Housebuilder Vistry warns of losses amid heavy discounting on unsold homes
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Markets
Vistry's shares drop as housebuilder forecasts £30m H1 loss
Vistry has warned it expects to post a first-half loss of £30m, as profit took a hit from what the company termed "cash generation actions", which included dee…
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Housebuilder fined £16,000 over lack of hot water on site
A housebuilder has been fined just under £16,000 for repeatedly failing to provide proper facilities for its workers. A Ling Developments' site in Telford, Shr…
Housing
Two-thirds of subbies pressured over prices agreed with housebuilders
Two in three subcontractors face pressure from housebuilders to reduce their prices after contracts have been awarded, according to a survey. Subcontractors fa…
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US housebuilder to launch crypto rewards after SEC 'no-action' letter
Megatel Homes says it's launching a program where renters could receive rewards for paying their rent using a crypto token.
Finance
Housebuilder collusion probe formally dropped with £100m affordable homes payment
Competition authorities have confirmed their investigation into possible market collusion by housebuilders has been dropped in return for a payment of £100m to…
Housing
Housebuilders to pay £100m to avoid legal decision
Seven housebuilders agree to pay millions towards social housing after competition probe