icWales (Free subscription) | 10/14/2009
HOUSEBUILDER Bellway yesterday said it had snapped up £120m of land in the past two months as it drew encouragement from signs of stabilisation in the property market.
Financial Times (Free subscription) | 10/13/2009
The housebuilder fell to its first full-year loss as a quoted company after it wrote down the value of its land bank by £66m
The Telegraph (Free subscription) | 10/13/2009
Bellway the UK housebuilder is consulting with shareholders about a new remuneration package for directors after suffering an embarrassing rebellion over its previous pay deal.
Reuters UK (Free subscription) | 10/13/2009
LONDON (Reuters) - Housebuilder Bellway posted an 82 percent fall in pretax profit, beating market expectations, and said its strong cash position made it well placed should the housing market mount a robust recovery.
CN plus Housing RSS (Free subscription) | 10/13/2009
House builder Bellway has made a pre-tax loss of £36 million for the year to 31 July 2009 – but has shredded its debt.
banks-of-uk.com (Free subscription) | 10/13/2009
Bellway sees rise in reservations for homes, pays dividendTelegraph.co.ukBellway, the British housebuilder, reported a rise in reservations and said it planned to pay a dividend
The Telegraph (Free subscription) | 10/13/2009
Bellway the British housebuilder reported a rise in reservations and said it planned to pay a dividend despite reporting a pretax loss for year to the end of July.
Market Watch (Free subscription) | 10/13/2009
LONDON (MarketWatch) -- British home builder Bellway said Tuesday that it swung to a fiscal-year loss of 27.4 million pounds. Last year, the firm posted a profit of 27.0 million pounds. Bellway took a 47.7 million pound after-tax charge following a review of land and work in progress. It took a 92.5 million pound charge a year ago. "In the second half, whilst fragile, some stability...
Liverpool Echo.co.uk (Free subscription) | 10/13/2009
HOUSE builder Bellway posted an annual £36.55m loss today but said a “partial hibernation” during the downturn means it is well placed for improvement in the market.
Scotsman.com (Free subscription) | 10/14/2009
BELLWAY yesterday warned that the housing market remains extremely fragile, despite an upswing in sales tempting the company into buying more land.
ireland.com (Free subscription) | 10/13/2009
British housebuilder Bellway posted an 82 per cent fall in pretax profit, beating market expectations, and said its strong cash position made it well placed should the housing market mount a robust recovery.
Daily Star (Free subscription) | 10/14/2009
ONE of Britain's biggest builders says it has come out of "hibernation" to buy new land as the housing market shows signs of bottoming out.
The Guardian (Free subscription) | 10/25/2009
• Bellway, Barratt and Persimmon linked to tentative discussions over 'land giveaway' plan • Proposals could prevent further crash in land values sparked by sale of HBOS's vast holdings Lloyds Banking Group is in preliminary talks to give away swaths of its land assets built up during HBOS's disastrous investment and lending strategy. Lloyds is tentatively discussing handing over...
Times Online (Free subscription) | 10/20/2009
He expects these homes to be cheaper than those built by traditional housing developers such as Barratt Developments, Taylor Wimpey and Bellway Homes, with smaller companies agreeing to tighter profit margins in return for lower risk. Small parcels of public sector land and help with preparation and tendering costs will be provided by the Government. The price of the land would be repaid once...
Top Stories: BreakingNews.ie (Free subscription) | 10/13/2009
... a support services deal with BT worth a potential £1bn (€1.06bn) over seven years.But housebuilder Bellway was down 5.5p to 800p as investors took profits after better than expected annual results. The firm is spending £120m (€127m) on new land and slashed debt by more than £180m (€192m) to strengthen its balance sheet.
