Bovis to downsize targets after housebuilding review

Brexit threatens Scotland’s housebuilding targets. Housing professionals in Scotland fear the UK’s recent Brexit vote could put the Scottish government’s affordable housing targets out of reach, according to a new survey by CIH Scotland. Nearly 70 per cent who took part in the survey were concerned about the prospects of meeting.

Government announces ambitious plan to build the homes Britain needs. Every local area will need to produce a realistic plan and review it at least every 5 years.. Speeding up house building.

Bovis Homes in 2.5bn merger talks with rival Galliford Try. Shares in Bovis rose 7.9 per cent to 893p early on Monday morning while Redrow and Galliford Try were up slightly. Redrow and Galliford Try have until 5pm on April 9 under the Takeover Code to announce a firm intention to make an offer or walk away.

"(But) Bovis indicates the acquisition was targeted due to the fit of the business in housebuilding, the scale it would bring to the group as a whole, and the inclusion of the Partnerships.

Shares in the company rose 4.7 per cent to 580p after Charlie Mills, of Credit Suisse, lifted his rating on the stock to “outperform” and set a 640p target. in the housebuilding sector. That.

Homebuilding firm Bovis Homes is at the centre of a new row after an investigation by The Independent found that some customers had allegedly been offered rewards in return for completing positive.

Mr Fitzgerald, who made the statement after Bovis was found to have been paying homebuyers as much as 3,000 to move into unfinished homes in a failed attempt to reach an ambitious target of completing 4,131 houses by the end of the financial year, served six years as a company director for the National House Builders Council, the UK’s main.

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Berkeley is not planning to increase levels of housebuilding as it faces up to economic uncertainty. Shares tumbled 5% following the announcement, with fellow housebuilders Persimmon, Bovis and.

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Help to Buy review. Bovis and Barratt shares have all risen at over twice the rate of Persimmon shares since the start of 2019 and the stock has been one of the worst performers over the past six.