Finance Markets (Free subscription) | 06/07/2009
Bellway has reported that since its interim results were released at the end of March, there has been no major change in demand for new homes. The Newcastle-based housebuilder says first-time buyers are continuing to “struggle” to raise deposits, making access to the first step on the housing ladder “difficult”. However, conditions vary from region to region, [...]
CN plus Housing RSS (Free subscription) | 06/05/2009
Bellway will change its focus away from reducing debt to building new homes once again in areas of the country where demand is strongest.
Market Watch (Free subscription) | 06/05/2009
LONDON (MarketWatch) -- U.K. house builder Bellway said Friday that it has seen no overall major change in demand since the end of March. Net reservations since the start of February have averaged 105 per week and the total number of completed stock units has fallen to 660 from 1,000 at the end of January. Bellway said its southern based divisions have experienced a marginally stronger...
workinproperty (Free subscription) | 06/05/2009
Housebuilder Bellway said it has seen some stability in house prices, but has also identified a North/South divide emerging in the way the market is returning. The group said its southern divisions had experienced a stronger market and turnover was expected to be "much higher" by the end of the year than in the North.Newcastle-based Bellway said markets in the Midlands, Yorkshire...
Reuters UK (Free subscription) | 06/05/2009
LONDON (Reuters) - Housebuilder Bellway said on Friday it is looking at selected land buys and reopening sites after maintaining a steady sales rate, compounding hopes that the market downturn may be subsiding.
Financial Times (Free subscription) | 06/06/2009
The stress in UK manufacturing is making itself felt in regional housing markets, according to Bellway, the UK's fourth-largest housebuilder. Alistair Leitch, finance...
The Herald (Free subscription) | 06/06/2009
Housebuilder Bellway is allowing staff to start construction work on a small number of plots north of the border but new work is lagging behind the more buoyant southern markets.
The Telegraph (Free subscription) | 06/05/2009
Bellways the British housebuilder said on Friday it is looking at selected land acquisitions despite market conditions remaining tough as it gears itself for a summer lull.
Liverpool Echo.co.uk (Free subscription) | 06/05/2009
HOUSEBUILDER Bellway today said it had seen some stability in house prices, but warned of a north/south divide emerging in the market’s return to health.
Scotsman.com (Free subscription) | 06/06/2009
HOUSE sales in Scotland are set to remain weak well into next year as rising unemployment puts a damper on the market, Britain's third-biggest builder has warned.
Reuters UK (Free subscription) | 06/05/2009
* Reservations order book 228 mln stg vs 283 mln last year* Net reservations steady at average of 105 per week* CEO says no need to raise equity unless opportunities* Shares slip 0.2 percent(Adds CEO, analyst comment, share price)By Lorraine TurnerLONDON, June 5 (Reuters) - British housebuilder Bellway (BWY.L) said on Friday it is looking at selected land buys and reopening sites after maintaining...
The Telegraph (Free subscription) | yesterday
Shareholders have recently rejected remuneration proposals at Royal Bank of Scotland and house-builder Bellway. On Friday 41pc of Tesco shareholders voted against the retailer's plan to extend its share option scheme.
Murray Newlands (Free subscription) | 07/04/2009
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Financial Times (Free subscription) | 07/04/2009
"We do not believe that trading will anytime soon improve significantly but from a net asset value perspective, there is a very strong case for saying that these stocks as well as Redrow have now been oversold," he says. The housebuilding team at Cazenove agree. They reckon Bellway and Persimmon are trading at an unjustified discount to NAV given the recent rise in house price and mortgage approvals,...
Cllr Andy Mann (Free subscription) | 06/23/2009
URGENT – PLEASE READ – Hampden Lodge As you may or may not know Havering Councils Regulatory Services Committee will be deciding the outcome of the planning application to turn the former care home into 43 flats on Thursday of this week (the 25th). Over the last 12 months the applicant, Bellway Homes and Havering Council have submitted plans for 58 flats, then 48 flats and now revised...
