MARKET REPORT: Barratt builds on record sales by restoring dividend

Savers and pensioners were given a boost after housebuilder Barratt Developments reinstated its dividend. Record sales allowed the group to set aside a half-year payout of 7.5p per share. The housing market rebounded sharply after the first Covid lockdown brought viewings and sales to a standstill for weeks last spring. But estate agents were quick … Read more

MARKET REPORT: Barratt bounces back as housing market recovers 

The Help to Buy scheme and a stamp duty holiday gave Britain’s biggest housebuilder a shot in the arm as the property market picked up speed. Between July 1 and October 11, Barratt Developments handed over the keys for 4,032 homes – 24 per cent higher than the same period of last year. The housing … Read more

Housebuilder Barratt reaps benefits of Help to Buy

Buyer demand for new-builds appears to be on the rise, with Barratt Developments reporting a 24 per cent rise in sales since July. Just over half of Barratt’s customer base in the past quarter used the Government’s Help to Buy scheme and three quarters of those people were first-time buyers.  Help to Buy has ‘acted … Read more

Barratt boss David Thomas hails surging house sales

Barratt boss David Thomas hails surging house sales as demand for new homes soars By James Salmon for the Daily Mail Published: 21:50 BST, 2 September 2020 | Updated: 22:27 BST, 2 September 2020 The boss of one of Britain’s biggest housebuilders has insisted the rally in the property market has further to run after … Read more

Housebuilder Barratt vows to hand back £27m furlough cash

Britain’s biggest housebuilder Barratt vows to hand back £27m in taxpayer cash used to furlough thousands of staff By Daily Mail City & Finance Reporter Published: 22:03 BST, 6 July 2020 | Updated: 22:22 BST, 6 July 2020 Britain’s biggest housebuilder has vowed to hand back £27m in taxpayer cash used to furlough thousands of … Read more