Berkeley: On track but government housing plans require a ‘change of attitude’ Property Housebuilder Berkeley is on track to deliver £525m of pre-tax profit for the full year, according to an update from the firm this morning. The business, which is based in Cobham, England, said 90 per cent of this profit has already been secured through exchanged sales contracts. Berkeley also said it is “fully committed” to [...]
Platform Housing: Turnover up as investment in existing homes trumps construction of new ones Business Platform Housing Group has reported a strong start to the year, although the rate of new-build homes has fallen with the focus shifting to improving social rented properties. Turnover at the company grew by 14.8 per cent to £92.3m in the three months to June 2024, up from £80.4m in June 2023, with 95 per [...]
UK housebuilding could fall to half of target without intervention new report warns property Uncertainty and inflation are hitting builders' output, threating government housebuilding targets.
