BRITAIN’S top housebuilders had a bumper year for pay in 1998, according to their recently released annual reports.

Wilson Bowden chairman and chief executive David Wilson received £608 000 last year compared with £570 000 in 1997, although he did waive £35 000 of his package in 1997.

Directors Mike Stansfield (£322 000), Ian Robertson (£246 000) and Nick Townsend (£232 000) all saw £40 000-plus rises in their remuneration deals. Wilson Bowden overall saw pre-tax profit rise £13m to £80.7m for 1998.

Persimmon chairman Duncan Davidson was rewarded for a good year with a rise from £334 966 to £389 112. Chief executive John White saw his salary deal rise from £519 575 to £567 846.

And at housebuilder and contractor Alfred McAlpine, the executive team was also well rewarded for a year that saw its profit before tax rise 41% to £34m.

Chief executive Oliver Whitehead saw his overall remuneration rise £12 000 from £372,000 to £394 000, while housebuilding chief Graeme McCullum received a £16 000 increase.