Property News · August 9, 2022

UK builder Bellway reports record revenue as house prices climb


Construction firm forecasts bumper 2023 as housing boom defies rising interest rates and cost of living crisisBellway has reported a record year of sales as rising house prices offset increasing energy and building costs, and the housebuilder predicted a bumper 2023 despite rising interest rates and the cost of living crisis.The company reported a 13% increase in revenues to a record £3.5bn and 10.5% growth in completions to a record 11,198 in the financial year to the end of July. Continue reading…

Source : theguardian.com
Read more…UK builder Bellway reports record revenue as house prices climb