The UK housing sector could see more deals this year as homebuilders seeking to build up their land holdings in anticipation of a recovery look out for bargains in a beaten-down market..
British homebuilders have grappled with sinking demand through 2023 as high mortgage rates and a prolonged cost-of-living crisis hammered their stock prices.
Barratt, the nation s largest housebuilder, has finalised a deal to acquire its smaller counterpart, Redrow, for an impressive sum exceeding £2.5 billion.
Bellway gives cause for housing market optimism as developer reports increased customer inquiries amid reduction in mortgage rates as well as more reservations
The election of a Labour government and top-down home building targets could be of benefit to major housebuilders, ironically so, given executive donations to the Conservative Party.