Bellway

October 13: The housebuilder unveils a better than expected fall in pre-tax profits as it ends the year with reduced net debt, putting it in the rare position of being able to buy land if it sees a return in the market
The number of homes being built has risen to its highest level for more than a year
The Kent-based housebuilder says the number of private reservations has risen by 83% this year. It expects to see a gradual improvement of the housing market
A plump order book and reduced levels of borrowing helped the York-based housebuilder deliver an upbeat trading statement
A report finds only 10-15% of leading international construction groups expect state intervention into the industry would provide significantly greater opportunities
Shares in UK housebuilders have risen strongly after the completion of £700m of rights issues and positive updates from two of the country’s largest listed builders

October 13: The housebuilder unveils a better than expected fall in pre-tax profits as it ends the year with reduced net debt, putting it in the rare position of being able to buy land if it sees a return in the market

September 10: Redrow reported a drop in revenues in the year to June 30 from £650.1m to £301.8m as prices and volumes dropped dramatically in the housing market slowdown

September 23: A £721m rights issue has rescued Britain’s biggest housebuilder from the point of no return, the group said

September 9: Investors supported the housebuilder at its annual meeting, but only about 75% of shareholders approved remuneration and election resolutions to which the corporate governance body objected

Aug 25: Britain’s largest housebuilder has raised its end-of-year net debt target after a six months in which it has focused on conserving cash

August 5: Improving home prices and decreasing cancellations since Christmas have cheered the housebuilder, although profits and revenues remained below last year’s level

Aug 24: Bovis Homes said the UK housing market had stabilised to the point where it was considering making purchases of land this year