Barratt Developments has reported a 75% drop in annual profits and a double-digit decline in home completions after a “challenging” year for the housebuilder. Total home completions of 14,004 for the year ended on 30 June 2024, including joint ventures, was 18.6% lower than the 17,206 co
Barratt Developments
The sale of the former Falkirk Town Hall and Municipal Buildings site to a developer has been approved by the local authority.
A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.
Falkirk Council is being asked to approve the sale of the former Falkirk Town Hall and Municipal Buildings site on for an estimated £6.2 million.
Barratt’s £2.5 billion deal to purchase rival Redrow Homes has raised competition concerns in a local area around an existing Barratt development, the Competition and Markets Authority (CMA) has found.
Barratt Developments has revealed it anticipates a further 7% drop in home completions for the 2024-25 financial year, despite "broadly flat" building costs. Revealed in the developer's latest trading update, the decline was attributed to high mortgage costs dampening demand. However, the company fo
Two Fife charities helping to improve the quality of life for families living in the region have been named as the most-recent recipients of Barratt Developments’ Community Fund.
Housebuilders Springfield Properties and Barratt Developments have entered into a partnership to accelerate the delivery of a new 3,042-home village at Durieshill on the outskirts of Stirling.
Citra Living, part of Lloyds Banking Group, is to bring 87 new homes to the rental market in Edinburgh following its latest deal with Barratt Developments.
This week sees work start on 781 new private and social homes for rent at Cornhill Village in Hamilton as Cala Homes (West), Barratt Homes West of Scotland and David Wilson Homes officially break ground at the new site located off Strathaven Road.
Barratt Developments Scotland is extending its deposit contribution scheme to more key workers. Across the UK, the Key Worker Deposit Contribution Scheme has been extended to include the 37,000 employees and volunteers of the Royal National Lifeboat Institution (RNLI), as well as 60,000 foster carer
A proposed £2.5 billion merger between two of the UK's largest housebuilders has gained the support of shareholders of both companies.
The first phase of expansion at Selkirk-based Oregon Timber Frame Limited (Oregon) is now underway, as part of a wider £24 million investment by Barratt Developments following its acquisition of the plant.
A group of volunteers from Barratt Developments North Scotland recently rallied together to help clean up Aberdeen Beach as part of the housebuilder’s nationwide litter-picking effort.
National housebuilder Barratt Homes has been successful in purchasing a large new site in Livingston from Network Rail Property.