Barratt says full year numbers will beat expectations

barratt

Firm expects to build 1,000 more homes than previously thought but warns on further cladding costs

Housebuilder Barratt has increased its volume expectations for the year despite seeing completions for the six months to 31 December drop on the previous year.

Reporting half year results, the business has said it now expects to build as many as 18,250 homes in the full year to June, around 1,000 up on last year and significantly ahead of the 17,856 reported in 2019, prior to the pandemic.

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