UK housebuilder Bellway expects total revenue growth to increase by 12% to just under £1.5bn ($1.93bn) for the end of January to the six months, despite continued uncertainty surrounding Brexit. The company said it sold a record 10,307 new homes, bolstered by the government's Help-to-Buy scheme, while the average selling price rose by 6.5% to £293,800 in the same period. Bellway also expects sales to rise during the rest of 2019, driven by continued demand for affordable homes.
UK housebuilder Bellway expects total revenue growth to increase by 12% to just under £1.5bn ($1.93bn) for the six months to the end of January, despite continued uncertainty surrounding Brexit. The company said it sold a record 10,307 new homes, bolstered by the government's Help-to-Buy scheme, while the average selling price rose by 6.5% to £293,800 in the same period. Bellway also expects sales to rise during the rest of 2019, driven by continued demand for affordable homes.