Bellway predicts flat volume for 2023 on ‘improved’ reservations

By Joey Gardiner2023-02-09T10:47:00

Source: Shutterstock

Housebuilder says visitors to sites and reservations have picked up since end of 2022

Volume housebuilder Bellway has said it is on course to build around 11,000 homes this year following an “improved” level of reservations since New Year.

However, this improvement follows a huge drop-off in demand in the wake of the mini-budget in September, which Bellway said in a half-year trading update today have seen private reservations since July fall by 44% on the previous year.

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