Bellway completions rise 14% in fiscal 2025

(Sharecast News) - UK house builder Bellway said total completions in the year to July 31 rose 14.3% to 8,749 homes at an overall average selling price of around £316,000, compared with £307,909 a year ago, both slightly ahead of previous guidance. The company on Tuesday said it now expected to maintain "broadly flat" average outlet numbers for fiscal 2026 and forecast growth in volume output to around 9,200 homes and higher cash generation for shareholder returns.

"In the years ahead, our industry should benefit from the government's recent planning reforms, although we continue to experience delays to planning decisions as local authorities are taking time to adopt new local plans and the updated National Planning Policy Framework," Bellway said.

"To complement these supply-side measures and to meet its ambitious housing targets, the government also needs to address the demand-side constraints facing first-time buyers."

Reporting by Frank Prenesti for Sharecast.com