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The Latest Breaking News from Crest Nicholson

Crest Nicholson amends loan agreement after struggling housebuilder posts losses

The firm told investors it remained in ‘constructive discussions’ to amend the terms of its agreements

The Independent UK · Sep 30

Crest Nicholson secures breathing space from lenders as talks go on

It told investors it remained in ‘constructive discussions’ to amend the terms of its agreements.

Evening Standard · Sep 30

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

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

The Guardian - UK · Sep 3

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Crest Nicholson cuts earning targets again after ‘difficult’ summer

The housebuilder told shareholders that conditions in the property market had been ‘more subdued’ than expected during the summer season.

Evening Standard · Sep 3

Early signs of housing market recovery after sluggish 2025, says housebuilder

Surrey-based housebuilder Crest Nicholson said it had seen inquiries pick up since the end of 2025.

Evening Standard · Jan 29

Crest Nicholson plans job cuts and warns on profits, blaming budget uncertainty

Housebuilder’s autumn selling season was wiped out by speculation about new property taxes, says analyst

The Guardian - UK · Nov 18, 2025

Housing market recovering but ‘long way from buoyant’, housebuilder says

Crest Nicholson highlighted ‘encouraging signs emerging in the UK housing sector’.

Evening Standard · Jun 12, 2025

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Crest Nicholson swings to loss after ‘disappointing’ year

The housebuilder tumbled to a £143.7 million pre-tax loss for the year to October 31 against profits of £23.1 million the previous year.

Evening Standard · Feb 4, 2025

Crest Nicholson to build fewer low-margin homes after profit hit

The housebuilder warned on earnings after a higher proportion of the homes it built this year were classed as affordable.

Evening Standard · Nov 20, 2024

Crest Nicholson sits crestfallen as Bellway suddenly walks away

Damage to the smaller housebuilder’s reputation will take time to heal but a takeover deal isn’t a deal until it’s signed

The Guardian - UK · Aug 13, 2024

Bellway walks away from £720m Crest Nicholson takeover bid

UK housebuilder said it did not intend to make a firm offer for its smaller rival after months of negotiations

The Guardian - UK · Aug 13, 2024

Housebuilder says UK consumer confidence has returned amid cheaper mortgage rates

Bellway also cites easing of inflation as factor in company exceeding construction target for past year

The Guardian - UK · Aug 9, 2024

Crest Nicholson board: Bellway offer 'significantly undervalues' business

Crest shares jumped today after the bid was revealled

Evening Standard · Jun 14, 2024

FTSE 100 Live 14 June: Tesco sales boost ahead of AGM, Crest Nicholson updates on Bellway bid

Tesco shareholders are today having their say on the £9.9 million pay package awarded to boss Ken Murphy.

Evening Standard · Jun 14, 2024

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Evening Standard · Jun 13, 2024

Crest Nicholson shares plunge amid latest warning for housebuilders

The business made a loss in the first half and warned of weak demand for the months ahead

Evening Standard · Jun 13, 2024

FTSE 100 Live 13 June: Crest Nicholson and Wise shares slide after results, index lower

Crest Nicholson and the fintech Wise are in the City spotlight following results-day punishment for their shares.

Evening Standard · Mar 19, 2024

Housebuilder Crest Nicholson’s shares plunge as ‘defects’ found in London homes

The firm put aside £15 million to fix the problems at its since-closed London and regeneration arms, but the City fears the real cost will be much higher

The Guardian - UK · Jan 23, 2024

Crest Nicholson chief executive to step down as profits dive by 70%

Persimmon’s Martyn Clark to replace Peter Truscott after he retires later this year

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The Guardian - UK · Jan 15, 2024

UK housebuilder Crest Nicholson warns on profits, raising takeover speculation

Surrey-based construction company has been hit by rising costs and impact of high interest rates

The Guardian - UK · Aug 21, 2023

UK housebuilders’ shares fall amid fastest drop in asking prices in five years

Crest Nicholson forecasts lower profits after number of first-time buyers plunges

Evening Standard · Aug 21, 2023

FTSE 100 Live: Index extends losing streak into seventh day as rally fades, but avoids year-low close

Blue-chip housebuilding stocks are under more selling pressure after FTSE 250-listed Crest Nicholson issued a profit warning today.

The Guardian - UK · Aug 21, 2023

Homebuilder shares tumble as UK housing market weakens – as it happened

A profit warning from housebuilder Crest Nicholson compounded fears of a housing market slowdown, as Rightmove data revealed a further drop in asking prices

Evening Standard · Aug 21, 2023

Housebuilder Crest Nicholson warns on profits as mortgage rates soar for first-time buyers

Having previously expected a profit of £73.7 million in June, the group now projects profits to come to just £50 million

The Guardian - UK · Jun 8, 2023

More interest hikes will further weaken housing market, says FTSE 250 builder

FTSE 250 housebuilder reports drop in sales as it urges government to provide support for first-time buyers

Evening Standard · Jun 8, 2023

Crest Nicholson sales tumble but boss predicts mortgage rate volatility may have reached its peak

The boss of housebuilder Crest Nicholson has predicted the recent mortgage rate volatility will calm and may have reached its peak, but he warned customer demand and confidence could cool if interest rates continue to rise.

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