Company
Bellway PLC
LON:BWY
Bellway PLC is a holding company. The Company, through its subsidiaries, is engaged principally in house building in the United Kingdom. The Company is a volume house builder selling primarily in the private market and trading nationally in areas of high population. It also acquires and sells second hand homes taken in part exchange.
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Builders and building materials
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Builders and building materials
Bellway orders slide as higher mortgage costs take toll
Bellway said that this lower demand will mean a "material reduction in volume" in the current financial year
Builders and building materials
Bellway sees orders stall as mortgage costs keep rising
The 2024 financial year will see lower year-on-year volumes due to orders slowing, the builder cautioned