The UK housebuilding sector is under scrutiny ahead of trading updates from two of its major players: Barratt Redrow, scheduled for today, and Persimmon, set for 13 November.
These reports are expected to provide insight into how the sector is navigating challenges such as mortgage affordability, planning uncertainties, and rising building safety costs.
The timing is particularly significant, with ongoing debate over potential property tax reforms and changes to legislation likely to influence market conditions.
Barratt Redrow releases its first-quarter (Q1) 2026 sales and revenue update today, following a strong performance for the year ended 29 June 2025. Revenue rose 33.8% to £5.58bn, while statutory pre-tax profit increased 60.5% to £273.7m.
Adjusted pre-tax profit, excluding purchase price allocation from its merger, reached approximately £591.6m, slightly above consensus expectations.
The company completed 16,565 homes, up 18.3% year-on-year, but fell short of its guidance of 16,800–17,200 homes.
This article will be updated shortly after the update is issued at 7am.
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