Bovis expect volume delivery for 2016 will be lower than previously anticipated
December 28, 2016
Bovis Homes Group PLC today issues pre close update ahead of reporting its final results for the year ending 31 December 2016 on Monday 20 February 2017.
In the update, for 2016 they state that: We expect the volume delivery for 2016 will be lower than previously anticipated at between 3,950 and 4,000 homes, the exact number depending on the extent of legal completions in the remaining days of the year. We have experienced slower than expected build production across the Group’s sites during December, resulting in approximately 180 largely built and sold private homes which were expected to complete in 2016 being deferred into early 2017.
Read the Bovis Homes Group pre close update released today in full click here
You May Also Enjoy
International buyer slowdown one of Prime London’s biggest challenges
The latest survey of UK prime residential agents by AgentWise has found that many believe a slowdown in international buyer activity to be one of the biggest challenges facing the market today, whilst many have also noted an increase in the number of clients looking to explore property opportunities overseas rather than the UK. AgentWise…
Read More 
Housing market hit by £21m increase in fall-through bill
The latest Fall-Through Index by the House Buyer Bureau reveals that the number of property fall-throughs across the UK increased by 9.8% during the first quarter of 2026, resulting in an additional £20.9m in costs to the housing market compared to the previous quarter. House Buyer Bureau analysed the latest data from TwentyCi on the estimated…
Read More 
Is UK Construction Stuck in a Rut?
Glenigan data for Q.2 shows construction performance weakening further, dashing hopes of recovery in H.2 2026 The value of underlying work starting on-site during the past three months declined 15% and fell 38% below last year’s levels. Residential construction starts fell sharply, dropping 31% against the preceding three months and plummeting 52% compared with…
Read More 
Home sellers have a 24-hour patience threshold
Survey shows that the age of instant communication has reached estate agencies New research from Street Group suggests Britain’s home sellers have developed a “24-hour patience threshold”, with the vast majority expecting estate agents to respond, provide updates or take action within a day at virtually every stage of the sales process. The survey of…
Read More 
Lloyds House Price Index for June 2026 – Thoughts from the Industry
The latest Lloyds House Price Index for June 2026 shows that: House prices increased by +0.2% between May 2026 and June 2026. Annual house price growth increased slightly to +0.6% in June 2026, up from +0.5% in May 2026. The average UK house price now stands at £299,330. Thoughts from the Industry Nathan…
Read More 
House prices edge up in June as borrowing costs start to ease
• House prices rose +0.2% in June, following a -0.2% fall in May • Average property price now £299,330 compared with £298,812 in May • Annual growth up slightly to +0.6%, from +0.5% in May • Northern Ireland continues to record the UK’s strongest annual growth at +7.4% Nations and regions house prices Northern…
Read More