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Housebuilder Crest Nicholson warns of annual loss in ‘subdued’ property market
UK NewsBusiness•September 3, 2026 at 11:02 AMNational

Housebuilder Crest Nicholson warns of annual loss in ‘subdued’ property market

By Julia Kollewe•The Guardian - UK News

Firm will complete fewer homes than expected in year to 31 October – between 1,350 and 1,400The British housebuilder Crest Nicholson has warned of a surprise loss this year as it bemoaned difficult trading in a “subdued” property market.In an unscheduled trading update, the company said it would complete fewer homes than expected in the year to 31 October – between 1,350 and 1,400, down from its previous estimate of 1,400 to 1,500. Continue reading...

Firm will complete fewer homes than expected in year to 31 October – between 1,350 and 1,400

The British housebuilder Crest Nicholson has warned of a surprise loss this year as it bemoaned difficult trading in a “subdued” property market.

In an unscheduled trading update, the company said it would complete fewer homes than expected in the year to 31 October – between 1,350 and 1,400, down from its previous estimate of 1,400 to 1,500.

Continue reading...