Bellway Raises UK Home Sales Guidance After Rise in Deals
Bellway Plc lifted its guidance on home sales after a period of 'improved affordability' supported an uptick in deals over the past few months.
The builder said it expected to sell between 8,600 and 8,700 homes in the year through July 2025, up from previous guidance of 'at least 8,500', according to a statement Tuesday. That would be an improvement on the roughly 7,600 homes delivered in the same period a year earlier, but still well below the 10,000-plus homes completed in its final financial year before Covid-19 struck.
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