Bellway breaks 10,000-homes barrier

By Hamish Champ2018-10-16T06:43:00

North East housebuilder adds that it has set aside £6m for post-Grenfell recladding work

Bellway Homes has completed more than 10,000 homes in a year for the first time in its history, the Newcastle-upon-Tyne housebuilder revealed today.

Announcing its results for the year to the end of July 2018 Bellway said it had completed 10,307 homes at an average price of just over £260,000.

Turnover for the year came in at £2.96bn, up 16%, with an operating profit of £653m and pre-tax profit of £641m, both up 14%.

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