Citi expects 'relative re-rating' for select UK homebuilders on 12-month view
6th Apr 2022 11:06
(Sharecast News) - Analysts at Citi sounded a 'bullish' note for select UK homebuilders as funding negotiations on legacy cladding concluded.
Read moreTaylor Wimpey, Berkeley sign UK cladding pledge
5th Apr 2022 16:12
(Sharecast News) - Housebuilders Taylor Wimpey and Berkeley said on Tuesday that they had signed the UK government's pledge to make properties safe following the Grenfell Tower fire.
Read morePersimmon 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.
Read moreGovt said to have dropped demands on housebuilders for £4bn cladding fund
4th Apr 2022 11:15
(Sharecast News) - Shares of London-listed housebuilders rallied on Monday following a report the government is dropping its demand for them to contribute towards a £4bn cladding remediation fund.
Read moreUK house builders rally on cladding hopes
14th Mar 2022 08:29
(Sharecast News) - Shares in UK house builders rallied on Monday on hopes that the cost of fixing the cladding scandal may be less than initially feared.
Read morePersimmon upbeat after strong year
2nd Mar 2022 06:59
(Sharecast News) - Persimmon remained confident for the current year on Wednesday, despite rising interest rates, after strong demand boosted annual sales.
Read moreJefferies considers cladding issues, downgrades three UK housebuilders
24th Jan 2022 10:28
(Sharecast News) - Jefferies downgraded its recommendation on three UK housebuilders on Monday as it assessed the impact of cladding issues.
Read morePersimmon FY revenues grow as completions and average sale prices improve
13th Jan 2022 08:05
(Sharecast News) - Housebuilder Persimmon said on Thursday that full-year group revenues had risen in 2021 thanks to growth in both new home completions and average selling prices throughout the period.
Read moreAviva CFO leaves to join Persimmon
13th Jan 2022 07:42
(Sharecast News) - Aviva chief financial officer Jason Windsor has resigned to join house builder Persimmon, the company said on Thursday.
Read moreJPMorgan 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.
Read moreBarclays 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.
Read morePersimmon on track for 10% completions growth this year
9th Nov 2021 07:36
(Sharecast News) - Housebuilder Persimmon said it was on track to grow new home completions by 10% this year and targeted a return to pre-pandemic trading levels by 2022.
Read moreSelloff in housebuilding sector presents opportunities, says Citi
26th Oct 2021 09:45
(Sharecast News) - The recent selloff in the housebuilding sector presents opportunities with significant growth and yield attractions, Citi said in a note on Tuesday.
Read moreHouse price growth softens, but supply issues remain - RICS
14th Oct 2021 14:20
(Sharecast News) - House price continued to grow in September, a closely-watched industry survey showed on Thursday, but at a slower rate than previously seen.
Read moreWednesday broker round-up
18th Aug 2021 11:47
(Sharecast News) - Empiric Student: Berenberg downgrades to hold with 100.0p target price.
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