Bellway

Housebuilder Bellway has forecasted a record increase in margins following an “excellent start” to the current financial year. In a trading update on Friday, the group predicted operating margins in the current financial year will increase to at least 21 per cent as both average prices and compl

Bellway has revealed plan to build up to 10 per cent more homes this year after it sold a record 7,752 properties in the 12 months to end-July, helping to raise pre tax profits by 44 per cent. The housebuilder said the strength of the market in Britain, underpinned by low mortgage rates and a shorta