Rise in revenue of 17 per cent for housebuilder

DIRECTORS at Newcastle house-builder Bellway have hailed a good performance in 2025 after posting a revenue rise of almost 17% to £2.78bn.

- COREENA FORD Business writer

During the year ended July 2025 the firm delivered 8,749 homes more than 1,000 up on the previous year saying customer demand had been supported by "generally good" availability of mortgage finance and relative stability in mortgage interest rates. Operating profit was £250.7m, up almost 18% on last year's £212.8m.

Bellway is targeting 9,200 completions for FY26 and expect this to grow to around 10,000 homes by FY28, should market conditions remain stable. It said the private reservation rate per outlet per week of 0.57 was 11.8% higher than the 2024 figure, but said that a solid period of demand through the spring months was followed by softer trading in the final quarter.