{"id":130805,"date":"2022-10-18T15:12:29","date_gmt":"2022-10-18T08:12:29","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilder-bellway-expects-sluggish-sales-as-interest-rates-rise\/"},"modified":"2022-10-18T15:23:44","modified_gmt":"2022-10-18T08:23:44","slug":"uk-housebuilder-bellway-expects-sluggish-sales-as-interest-rates-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilder-bellway-expects-sluggish-sales-as-interest-rates-rise\/","title":{"rendered":"UK housebuilder Bellway expects sluggish sales as interest rates rise"},"content":{"rendered":"<p>&#013;<br \/>\nCompany warns that next 12 months will be tougher, with economy likely to go into recessionThe UK housebuilder Bellway has said demand for houses has moderated since the summer and it expects the number of sales to be roughly flat over the next year against a backdrop of rising interest rates and a worsening economic backdrop.The company completed a record 11,198 homes in the year to 31 July, up 10.5% on the previous year, as a booming housing market drove \u00a33.5bn of revenues, up 13% and also a record. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/oct\/18\/bellway-uk-housebuilder-interest-rates-rise-economy-recession\" target=\"_blank\" rel=\"noopener\">UK housebuilder Bellway expects sluggish sales as interest rates rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Company warns that next 12 months will be tougher, with economy likely to go into&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130805","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-y1L","jetpack-related-posts":[{"id":128561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-builder-bellway-reports-record-revenue-as-house-prices-climb\/","url_meta":{"origin":130805,"position":0},"title":"UK builder Bellway reports record revenue as house prices climb","date":"August 9, 2022","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilder-bellway-restarts-land-purchases\/","url_meta":{"origin":130805,"position":1},"title":"Housebuilder Bellway restarts land purchases","date":"December 13, 2016","format":false,"excerpt":"\r Group had put acquisition programme on hold following EU referendum but says customer demand is still strongThe UK housebuilder Bellway has started buying land again because business has been strong in the months following the Brexit vote.Bellway had suspended its acquisition programme to protect itself from potential market volatility\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-appetite-for-new-homes-lifts-bellway-sales\/","url_meta":{"origin":130805,"position":2},"title":"Strong appetite for new homes lifts Bellway sales","date":"December 13, 2016","format":false,"excerpt":"\r UK housebuilder resumes land buying as \u2018strength of market supports further growth\u2019\r \r Source : ft.com\r Read more...Strong appetite for new homes lifts Bellway sales","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-home-buyers-ignore-brexit-worries\/","url_meta":{"origin":130805,"position":3},"title":"Bellway home buyers ignore Brexit worries","date":"June 9, 2016","format":false,"excerpt":"\r Housebuilder expects record year as prices rise 10 per cent\r \r Source : ft.com\r Read more...Bellway home buyers ignore Brexit worries","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138707,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-cuts-jobs-in-anticipation-of-uk-property-market-slowdown\/","url_meta":{"origin":130805,"position":4},"title":"Bellway cuts jobs in anticipation of UK property market slowdown","date":"August 9, 2023","format":false,"excerpt":"\r Prospect of higher mortgage rates and end of help-to-buy scheme leads housebuilder to shut down two divisionsBusiness live \u2013 latest updatesBellway, one of Britain\u2019s biggest housebuilders, has said it is cutting jobs as it anticipates a property market slowdown in the coming year because of higher mortgage rates and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilder-bellway-riding-wave-of-limited-supply\/","url_meta":{"origin":130805,"position":5},"title":"Housebuilder Bellway riding wave of limited supply","date":"February 8, 2018","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Housebuilder Bellway riding wave of limited supply","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130805"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=130805"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130805\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}