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Barratt tempts buyers as profits slide
Housebuilder Barratt Developments has announced a range of sales incentives. The company’s pre-tax profit fell by 68% in the six months to the end of June as unsold stock languished on its books. In...
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Barratt offers 43% discount on new homes
Barratt Developments is less than optimistic about the future direction of UK property prices. According to reports in The Telegraph and Daily Mail, the housebuilder is offering a huge discount to...
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Barratt’s forwards sales down 64%
Property developer Barratt Homes has followed rival Redrow in reporting a substantial loss for 2008. The company blames falling property prices, a shortage of mortgage funding and writedowns on the...
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Barratt reports rise in private sales and reservations
In a trading update covering the 19 weeks to 10th May, Barratt Developments has reported that visitor and reservation rates have risen as the Spring selling season gets underway. Cancellation rates...
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Barratt and Redrow upbeat on all but mortgage finance
Two of the UK’s best known house builders have reported signs of improvement in the property market. Barratt Developments experienced an 11.9% rise in visitor numbers during the six months to the end...
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Barratt reports rise in forward sales
Barratt Developments has reported a 14% increase in private reservations for the period 1st January to 9th May 2010, compared with the previous six months. In addition, overall forward sales rose 32%...
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Barratt hit as buyer demand continues to weaken
Barratt Developments is the latest housebuilder to report a slowdown in the housing market as buyer demand continues to fall. The group’s chief executive, Mark Clare, said the traditional autumn...
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Barratt reports fall in completions
Housebuilder Barratt Developments has issued its first half trading update, delivering a mixed picture. The firm, which is one of the largest housebuilders by volume, said completions fell to 4,832...
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Bovis Homes optimistic as it resumes dividend
Housebuilder Bovis Homes has today issued a positive trading statement after saying it expects profits to be ahead of expectations for the 2010 year. The company, which is one of the smaller listed...
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