Housebuilder says in trading update that it has achieved 6% more completions than last year.

Bellway has said it is on target to deliver record full year results for 2005, in line with market expectations.

In a trading update issued ahead of results for the year to July 31, the housebuilder said it had achieved 6% more legal completions than last year.

In its statement, Bellway said it was aiming for further growth in the year ahead, despite the fact that its current order book has dropped to £513m from last year’s figure of £587m. The statement said: “The Group is currently selling from circa 10% more outlets compared with this time last year and this combined with our low average selling price encourages the group as it aims for another year of increased volume.”