Persimmon

Persimmon is to become the first major UK housebuilder to offer a retention policy to protect homebuyers from repair problems. Under the new initiative, which begins today, the company’s standard contract will say 1.5% of the total home value can be withheld by the buyer’s solicitor unti

Persimmon has released results showing profits exceeding £1bn for the first time. Annual profits jumped 13% to £1.091bn at the housebuilder which was caught in a pay row last year and is under scrutiny over its continued involvement in the Help to Buy scheme.

Housebuilder Persimmon has said that its profits will be “moderately ahead” of forecasts as the firm continues to grow despite a boardroom bonus controversy. In a trading update today, Persimmon said its full results next month will show revenue growth to £3.74 billion and pre-tax

Housebuilder Persimmon has been fined by Perth and Kinross Council for a breach in planning regulations, its second indiscretion at the same site. Workers for the firm were caught on site at its 300-home Lathro Park development in Kinross on a Sunday morning.

Persimmon Homes West Scotland has lodged plans to build 196 new homes on the site of a former hospital. The developer is hoping to secure permission to transform the 17-acre Stonehouse Hospital site with a £25 million development featuring a range of two, three, four and five-bedroom homes.

Jeff Fairburn Housebuilder Persimmon has announced the departure of its chief executive Jeff Fairburn amid the long-running controversy over his £75 million bonus package.

A planning application for 68 homes at Dunbar has been given the green light by East Lothian Council. Councillors on the local authority’s planning committee heard that the site south of Dunbar’s Brodie Road had previously been earmarked for a hotel, but this had been provided elsewhere in the t

Plans have been refused for a residential development on the site of the former whisky bottling plant in Dundee. Persimmon Homes had applied for planning approval in principle to build 90 affordable homes on the area which was formerly occupied by the Stewarts Cream of the Barley whisky bottling pla

Jeff Fairburn Edinburgh-based financial giant Aberdeen Standard Investments led a shareholder revolt against the £75 million bonus awarded to Persimmon Homes chief executive Jeff Fairburn at the firm’s AGM as it launched a withering attack on the package in which it stated that the role of a chie

One of Britain's largest housebuilders Persimmon has reported robust trading since the start of the year with total forward sales revenue, including completions, up by about 8% to £2.76 billion in 2018 to date. In a trading update ahead of today’s annual general meeting, the FTSE 100-listed compa

A major regeneration project in Edinburgh has taken another step forward with work starting on 70 new affordable homes. Dunedin Canmore, part of Wheatley Group, is behind the latest development at Craigmillar in the south east of the city.

A think-tank has urged the Scottish Government to end Help to Buy subsidies after it was revealed that three executives at housebuilder Persimmon were paid in excess of £100 million last year in a bonuses scheme linked to the policy. An annual report published by Persimmon revealed that chief execu

Stirling Council has refused two applications from Persimmon Homes to develop land to the east of Plean around Cushenquarter Farm. Persimmon Homes was seeking permission to build 500 residential units, an access off the A9 Main Street and the erection of a primary school. Its application sought plan

Housebuilder Persimmon has said that profits for the full year will come in marginally ahead of expectations as revenues for 2017 were 9% up in 2016 at £3.42 billion. The group said legal completions rose 6% in the year to December and average sale price up 3% at £213,300.

Revised plans for new homes on the outskirts of Dundee and a bid to replace a once-popular pub with new build flats have been submitted to the local authority, according to the Evening Telegraph. Crawford Architectural and Persimmon Homes North Scotland’s new plans for Dykes of Gray propose 30 new