Barratt Redrow Reveals ‘Softer’ Reservations Amid Affordability Pressures
Affordability pressures weighed on private demand, but stronger rental-sector sales helped lift the group’s order book to 11,086 homes worth £3.32 billion.
- Barratt Redrow reported a 12.1% decline in home completions to 3,223 during the first 17 weeks of FY27, even as the company's forward order book increased to £3.32 billion.
- Affordability pressures in Britain caused the underlying private reservation rate to decline to 0.53 homes per outlet per week, though demand from the private rental sector provided an offset.
- Barratt's forward order book reached 11,086 homes, with bulk sales to the private rental sector helping to mitigate a 7 per cent fall in private sales rates.
- Chief Executive Dean Banks described the performance as "resilient against a backdrop of challenging market conditions," while the company welcomes the Government's "Your First Home" scheme to support first-time buyers.
- Maintaining its full-year guidance for FY27, Barratt is focusing on cost efficiencies and disciplined land investment while monitoring the impact of the Government's planning reform on housing delivery.
12 Articles
12 Articles
Barratt Redrow completions fall 12% amid housing market pressures
Barratt Redrow reported a 12.1% decline in home completions during the first 17 weeks of its 2027 financial year, as affordability pressures continued to affect demand in the UK housing market. The housebuilder completed 3,223 homes, including joint ventures, between 29 June and 25 October 2026, compared with 3,665 during the equivalent period last year. […]
Barratt Redrow’s completions down 12%
Barratt Redrow has seen “resilient” trading since its previous year end, although with completions down 12.1% and “stronger demand from the private rental sector”. During the 17-week period from June 29 2026 to October 25 2026, the volume housebuilder’s total home completions, including JVs, were 3,223 against 3,665 homes in the comparable period last year. READ THE FULL ARTICLE
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