Truss to announce stamp duty cut - report

21st Sep 2022 08:42

(Sharecast News) - UK housebuilders rallied on Wednesday following a report that Friday's mini-budget could include a plan to cut stamp duty.

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Director dealings: Crest Nicholson CEO makes £0.2m investment

13th Sep 2022 13:56

(Sharecast News) - Crest Nicholson was in the red in late trading on Tuesday, after its chief executive officer bought almost £0.2m worth of shares.

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Berenberg downgrades raft of housebuilders, upgrades Berkeley

12th Sep 2022 14:59

(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.

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Housebuilders slump as HSBC warns over downturn

2nd Sep 2022 14:10

(Sharecast News) - London-listed housebuilders were under the cosh on Friday after HSBC downgraded a raft of key names in the sector, cautioning over a downturn ahead.

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Crest Nicholson raises outlook on higher prices

14th Jun 2022 07:43

(Sharecast News) - UK house builder Crest Nicholson on Tuesday raised its full-year outlook, despite swinging to an interim loss due to an exceptional charge and said it expected to counter cost inflation with higher selling prices.

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Tom Nicholson agrees to depart Crest Nicholson

27th May 2022 10:24

(Sharecast News) - Crest Nicholson announced a restructure of its executive leadership team on Friday, with chief operating officer Tom Nicholson to depart the company and the position to be left vacant.

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Berenberg reiterates 'buy' rating on Crest Nicholson

6th Apr 2022 15:24

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on Crest Nicholson on Wednesday after the group became the first listed housebuilder to sign up to the government's Building Safety Programme.

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Persimmon signs UK cladding pledge, reiterates cost estimate

5th Apr 2022 11:19

(Sharecast News) - Persimmon said it signed the UK government's pledge to make properties safe following the Grenfell Tower fire and stuck to its £75m estimate for the cost of carrying out the work.

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Crest Nicholson says cladding deal to cost up to £120m

5th Apr 2022 07:29

(Sharecast News) - Crest Nicholson said the extra cost of dealing with dangerous cladding on properties it built would be up to £120m after the government widened the list of affected homes.

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Crest Nicholson performing strongly as high demand continues

22nd Mar 2022 07:44

(Sharecast News) - Crest Nicholson reported a "strong trading performance" since the start of its financial year in an update on Tuesday, amid "favourable" housing market conditions.

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Crest Nicholson returns to post-tax profit in strong housing market

19th Jan 2022 09:32

(Sharecast News) - Crest Nicholson reported revenue of £786.6m in its preliminary results on Wednesday, up from £677.9m year-on-year, which it put down to strategic progress and the underlying strength of the housing market.

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JPMorgan downgrades Countryside Properties, upgrades Crest Nicholson

10th Dec 2021 11:11

(Sharecast News) - JPMorgan Cazenove downgraded Countryside Properties but upgraded Crest Nicholson on Friday as it took a look at the UK housebuilding sector.

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Barclays downgrades Persimmon, upgrades Crest Nicholson and Berkeley

6th Dec 2021 15:03

(Sharecast News) - Barclays downgraded its stance on Persimmon on Monday, but upgraded Crest Nicholson and Berkeley as it took a look at UK housebuilders.

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Berenberg upgrades Barratt Developments and Crest Nicholson to 'buy'

23rd Nov 2021 09:29

(Sharecast News) - Analysts at Berenberg upgraded construction firms Barratt Developments and Crest Nicholson from 'hold' to 'buy' on Tuesday, stating it was "challenging the rate rise narrative".

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Crest Nicholson lifts FY profit expectations

18th Nov 2021 07:59

(Sharecast News) - Housebuilder Crest Nicholson lifted its full-year profit expectations on Thursday as the contribution from the sale of its share in the Surrey Longcross film studio was more than expected.

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