Crest Nicholson sinks to £35m first half loss as talks with lenders continue

By Carl Brown2026-07-16T10:40:00

Source: Shutterstock

Housebuilder slows site starts and reduces land buying, warning full year profit will be at lower end of previous guidance

Housebuilder Crest Nicholson racked up a £35m half-year loss it said today, adding that it remains in negotiations with lenders over revised banking covenants.

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