Property News · August 18, 2021

Persimmon reports 64% rise in profits fuelled by UK Covid property boom


Housebuilder adds sites to land bank and predicts sales will stay above pre-crisis levelsThe housebuilder Persimmon has reported a 64% rise in profits for the first half of the year fuelled by Britain’s unlikely property market boom in the Covid-19 pandemic.The UK’s biggest housebuilder by market value said on Wednesday it expected its sales to remain above pre-crisis levels, suggesting it would continue to make money for investors even as the government removed subsidies for the housing market. Continue reading…

Source : theguardian.com
Read more…Persimmon reports 64% rise in profits fuelled by UK Covid property boom