Bellway spells out plan to build more homes

Bellway

Housebuilder says it wants to sell up to 18,000 homes a year as it reports doubling in pre-tax profit

Bellway has set out ambitious plans to grow output by nearly 80% as it reported a doubling of pre-tax profit in the year to July.

The volume housebuilder said it had secured enough land in the last year to grow annual sales completions “over several years” from just over 10,000 homes this year to as much as 18,000 homes per annum.

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