<p>Bellway expects housing completions for the year to the end of July 2016 to rise by at least 10% from last year’s total of 7,752.</p> <p>In a trading statement released today, the firm said it had seen a strong sales performance with an 8% increase in the weekly reservation rate to 196 per week during the period, up from 182 per week in 2015. Bellway now plans to open a nineteenth operating division in the north of England to support the group’s ongoing growth strategy.</p> <p> “The continued positive trading environment, the availability of good quality land opportunities and disciplined investment in an expanding divisional structure are enabling Bellway to continue delivering ongoing volume growth,” said chief executive <strong>Ted Ayres</strong>. “This strategy for growth, together with a focus on return on capital employed, should lead to another record performance in the year ending 31 July 2016, resulting in further value creation for shareholders.”</p> <p>The firms said market conditions are robust and customer demand for new homes remains positive, assisted by good accessibility to affordable mortgage finance.</p> <p>It added that demand for affordably priced homes remains healthy and has been further supported by the introduction of London Help to Buy on …
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