Persimmon announces ‘sales up’ in their trading update
January 6, 2017
Persimmon plc yesterday announced an update ahead of their Final Results for the year ended 31 December 2016, which will be released on 27 February 2017.
Read the Persimmon PLC trading update in full click here.
Persimmon the York-based housebuilding giant saw its year-on-year sales rise 15 per cent in the last six months of 2016, the result of strong customer demand for new homes and cheap mortgage deals.
A great start to the year for Persimmon, their share price was up over 6% during the day, other housebuilders followed suit, 2017 could well turn out the year of the ‘housebuilders’.
You May Also Enjoy
How Long It Takes to Buy a House in the UK: 5 Common Delays That Can Slow Down Your Home Purchase
Wondering how long it takes to buy a house in the UK? The average timeline ranges from 8 to 22 weeks, but even that can stretch significantly due to unexpected delays, especially if you’re a first-time buyer or caught in a chain. That’s why working with experienced professionals like Belvoir — one of the UK’s…
Read More 
Rightmove to host Renters’ Rights Bill webinar with Guild of Lettings
Rightmove is hosting a live and interactive webinar session with the Guild of Lettings to help agents get Renters’ Rights Ready. The webinar will take place from 10:00am – 11:00am on Wednesday 23rd April. Susie Crolla, Managing Director for the Guild of Lettings, will be joining Rightmove to help agents with questions they may have about…
Read More 
Mortgage completions surged 50 per cent in March amid race to avoid higher stamp duty
March saw highest volume of mortgage completions recorded since September 2021 Homebuyers report now needing an additional £13,530 on top of the property price to cover taxes and fees Three in four have seen housing costs rise, up £126 on average per month Renters’ confidence in their ability to purchase a property within five years…
Read More
Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate
The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More 
How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas
Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More 
Foxtons Lettings Market Index – March 2025
London rental market gains momentum as new rental listings surge, Foxtons data shows March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More