{"id":138707,"date":"2023-08-09T18:46:18","date_gmt":"2023-08-09T11:46:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-cuts-jobs-in-anticipation-of-uk-property-market-slowdown\/"},"modified":"2023-08-09T18:59:18","modified_gmt":"2023-08-09T11:59:18","slug":"bellway-cuts-jobs-in-anticipation-of-uk-property-market-slowdown","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-cuts-jobs-in-anticipation-of-uk-property-market-slowdown\/","title":{"rendered":"Bellway cuts jobs in anticipation of UK property market slowdown"},"content":{"rendered":"


\nProspect 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 the end of the help-to-buy programme.The construction company said it would shut two of its divisions and slow activity in a third, as it warned that house completions would \u201cdecrease materially\u201d over the next 12 months. Continue reading…
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\nSource : theguardian.com
\nRead more…Bellway cuts jobs in anticipation of UK property market slowdown<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prospect of higher mortgage rates and end of help-to-buy scheme leads housebuilder to shut down...<\/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-138707","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-A5d","jetpack-related-posts":[{"id":117002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-slowdown-to-last-at-least-a-year-warns-uk-builder\/","url_meta":{"origin":138707,"position":0},"title":"Housebuilding slowdown to last at least a year, warns UK builder","date":"June 9, 2020","format":false,"excerpt":"\r Bellway reopened four in five construction sites but capacity remains reduced following lockdown\r \r Source : ft.com\r Read more...Housebuilding slowdown to last at least a year, warns UK builder","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilder-bellway-expects-sluggish-sales-as-interest-rates-rise\/","url_meta":{"origin":138707,"position":1},"title":"UK housebuilder Bellway expects sluggish sales as interest rates rise","date":"October 18, 2022","format":false,"excerpt":"\r Company 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-builder-bellway-reports-record-revenue-as-house-prices-climb\/","url_meta":{"origin":138707,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-on-track-to-build-more-than-10000-homes\/","url_meta":{"origin":138707,"position":3},"title":"Bellway on track to build more than 10,000 homes","date":"March 21, 2018","format":false,"excerpt":"\r UK house builder defies industry-wide material shortage to deliver record number of homes in a yearUK house builder Bellway said it was on track to build more than 10,000 homes this year for the first time, despite an industry-wide shortage of materials such as bricks and roof tiles.Jason Honeyman,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-profits-boosted-by-uk-housing-shortage\/","url_meta":{"origin":138707,"position":4},"title":"Bellway profits boosted by UK housing shortage","date":"March 21, 2017","format":false,"excerpt":"\r Housebuilder warns that house price inflation is slowing, especially in London\r \r Source : ft.com\r Read more...Bellway profits boosted by UK housing shortage","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122672,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-cladding-crisis-could-drag-on-for-two-decades-warns-bellway\/","url_meta":{"origin":138707,"position":5},"title":"UK cladding crisis could drag on for \u2018two decades\u2019, warns Bellway","date":"October 19, 2021","format":false,"excerpt":"\r Housebuilder says differing interpretations of fire safety have slowed efforts to resolve predicament\r \r Source : ft.com\r Read more...UK cladding crisis could drag on for \u2018two decades\u2019, warns Bellway","rel":"","context":"In "Property 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