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1Vote!

Barratt sells £109m of assets

Barratt Developments the troubled house builder has sold £109m of assets as it attempts to pay off bank debts.

1Vote!

Barratt Development bounces after asset sales

Housebuilder Barratt Developments is heading higher on news that it is making progress with the sale of some of the assets of its Wilson Bowden business. Buying Wilson Bowden for £2.2bn has left Barratt heavily endebted at a time when the housing market has fallen off a cliff

1Vote!

Pre-Budget report wish list - Daily Telegraph

Mark Clare, the chief executive of Barratt Developments said the Government could boost the struggling housing market in Monday’s Pre-Budget Report by increasing the amount of ... Source: www.telegraph.co.uk Bank Of England Accepts That house prices Are Important Charlie Bean, the Bank of England's deputy Governor said six months ago that there was little link between h... Source: news.assetz.co.uk...

1Vote!

Barratt to reduce value of land portfolio as house sales and prices fall

Barratt Developments said it would join rival housebuilders in writing down the value of its land portfolio at the year end, as it outlined falling sales and lower...

+Vote!

Barratt Developments builds up site visits

PRICE cuts and new marketing deals have helped Barratt Developments record an increase in visitor numbers to its sites.

+Vote!

House prices down 20% by end of year, Barratt warns

Housebuilder Barratt Developments warned this morning that house prices will have fallen by up to 20% by the end of the year compared with the peak of the market in July 2007. Delivering an interim statement for the 19 weeks to November 9, chief executive Mark Clare warned the company's profit margins were likely to fall below 10% because of weak prices. "Market conditions remain exceptionally difficult",...

1Vote!

Barratt faces land writedowns

Barratt Developments is to join other housebuilders in writing down the value of its land portfolio at the year end, as it outlined falling sales and lower prices in the 5 months to 9 November

1Vote!

Barratt Developments 19 week private reservations down 23%

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the...

+Vote!

Barratt Developments vistor levels, reservations down

LONDON (MarketWatch) -- Homebuilder Barratt Developments said Tuesday that, in the 19 weeks to Nov. 9, visitor levels fell 5.8% compared to last...

+Vote!

Barratt Developments vistor levels, reservations down

LONDON (MarketWatch) -- Homebuilder Barratt Developments said Tuesday that, in the 19 weeks to Nov. 9, visitor levels fell 5.8% compared to last year, while private net reservations fell 23%. The firm said that it has seen a pick up in visitor levels and reservations since the start of September, following enhanced marketing and increased discounts. Although operating costs continue to reduce, increased...

1Vote!

Incentives lower prices of new-build homes

Prices of newly built homes are likely to hit new lows as housebuilders increase sales incentives to shift stock by the end of the year.Large developers such as Taylor Wimpey and Barratt Developments are scrambling for cash to finance debt. They wil

1Vote!

Barratt seeks investment partner in land bank

Barratt Developments is seeking partners for a joint venture to invest in its strategic land bank to help reduce its £1.65bn debt burden

1Vote!

Barratt offers 43% discount on new homes

Barratt Developments is less than optimistic about the future direction of UK property prices. According to reports in The Telegraph and Daily Mail, the housebuilder is offering a huge discount to property investors who are prepared to buy five or more flats or houses from its Yorkshire East division. This week, Nationwide reported that UK house prices [...]

1Vote!

Barratt selling new homes for HALF PRICE as property values fall record 12.4% in a year

One of Britain's best-known builders is slashing nearly half off the asking price of new homes. The huge discounts by Barratt Developments underlines the malaise enveloping the property sector.

8Vote!

Barratt selling new homes for HALF PRICE as property values dive record 12.4%

One of Britain's best-known builders is slashing nearly half off the asking price of new homes. The huge discounts by Barratt Developments underlines the malaise enveloping the property sector.