Vistry expects first half loss as cfo leaves
Vistry says it expects to deliver a loss before tax in the first half of the year of around £30 million, revealing that its drive to generate cash has cost the firm £50 million in the period. The firm also announced that its chief financial officer, Tim Lawlor, is to step down from his role and leave the company to take up a cfo position in a large privately-owned business in a different sector.
Persimmon’s McPherson to succeed Anderson as Allison ceo
Iain McPherson, currently UK md at Persimmon Homes, is to take over as Allison Homes ceo in September replacing John Anderson who will move up to a non-executive position.
Barratt Redrow backs campaign to get children out of unsuitable accommodation
Barratt Redrow has become an official supporter of 165,000 Reasons, the campaign to raise awareness about the growing crisis of children living in unsuitable temporary accommodation.
SNG aims for “best customer experience in social housing”
Sovereign Network Group (SNG) has launched a new corporate strategy to “deliver the best customer experience” in social housing, featuring its “non-negotiable” Homes and Place Standard and AI. The housing association said that under its Corporate Plan 2026–2031, called the Best Customer Experience, it would use advances in technology to identify potential repairs before its customers are aware of them “and proactively maintain the home, while also offering a faster responsive repairs service”. This is also part of its focus on proactive maintenance.
July/August edition of Housebuilder magazine now out
The July/August edition of Housebuilder is now out and available to read on the www.house-builder.co.uk website. The latest issue looks at the effect AI could have on the sector and how housebuilders are embracing it now. Joe Marshall, Sovereign Network Group’s chief investment and development officer, talks to Suzie Mayes about his vision for investment partnerships, section 106 housing and why the housing association is sharing its Homes and Place Standard with the industry.
James Thomson becomes Strata non-executive director
Strata has announced James Thomson, former chief executive of Keepmoat Homes and Gleeson, as its non-executive director. The housebuilder said that in his role - which Strata has created in response to the industry’s “significant challenges” – Thomson would offer independent challenge, guidance and strategic support to the board. He is set to work alongside the senior leadership team “as Strata continues to strengthen its position as a collaborative, purpose-led housebuilder delivering sustainable growth”.
Hill delivers in “restrained conditions”
The Hill Group’s turnover, profit and new home completions all increased during its year ending March 31 2026, “despite restrained housing market conditions”, it said today (July 1). The Essex headquartered housebuilder reported “record” turnover of £1.164 billion against 2025’s £1.15 billion and pre-tax profit of £92.5 million (2025: £90.5 million). It completed 3,329 new homes across its operations compared to last year’s 2,811. Around two thirds of these were affordable housing, Hill said.
BEYOND LIVE returns next March
Following another successful year for BEYOND LIVE, NHBC’s flagship conference returns to the CBS Arena, Coventry on March 4 2027 for everyone involved in the construction of new homes.
Housebuilder Awards 2026 finalists revealed
The finalists of The Housebuilder Awards 2026 have been announced with SME housebuilders featuring prominently, including the likes of Kingswood Homes, Lilyford and Pocket. Barratt Redrow leads the way with seven finalists including in Best design for three storeys or fewer and Best regeneration initiative. Bellway has six finalists including in Best sustainability initiative and The Housebuilder Star Award. Hill has five finalists including two in Best design for four storeys or more, while Lovell features in four categories.
Second SME sentiment survey shows decline in confidence
The Home Builders Federation’s second quarterly SME Developer Sentiment Survey shows a “sharp deterioration” in SME confidence since its first survey published in March, with expectations for land purchasing, housing starts and housing market conditions all weakening significantly. The survey in partnership with Quantum Development Finance (QDF) – the second of which was published today (June 30) - tracks changes in the confidence of smaller home builders - those building up to 500 homes - and the obstacles preventing them from expanding. According to the latest findings, more than nine in ten SME housebuilders said the Middle East conflict had made their business outlook for the next 12 months worse than expected. Only 1% disagreed, with more than 25% stating they had paused or reconsidered the acquisition of new development sites since the onset of the conflict.
