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The Latest Breaking News from Persimmon

Persimmon warns on profits after economic turmoil hit the housing market

Housebuilding giant Persimmon’s boss cautioned that sales rates seen over the last five months mean completions will be down markedly this year

Evening Standard

Persimmon forecasts big drop in housebuilding in 'uncertain' market

The York-based firm has reported revenues of £3.8bn in 2022

Birmingham Post

FTSE 100 Live: Persimmon, Aston Martin and Just Eat post results, house prices fall

Persimmon, Just Eat Takeaway, Aston Martin Lagonda and Reckitt Benckiser are among companies reporting today as the annual results season continues.

Evening Standard

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Villagers worried Calverton 'being spoiled' by hundreds of new homes

Altered plans have been put forward for 195 homes

Nottingham Post

'We are virtually living in a concrete jungle now' - flats plans approved in Wallsend

A Howdon councillor has lamented the project despite council officers' recommendations to approve

Chronicle Live

Persimmon launch major new residential in Newport

The scheme at St Modwen's Glan Llyn regeneration development will see 178 new homes built

Birmingham Post

Family move into 'new build nightmare' property with mould and gaps in the roof

Mr Cook and his family living on Albatross Drive, Grimsby, and their new £350,000 home is far from the dream property they were hoping to move into The family have dealt with mould, unsealed windows and gaps in the roof

Edinburgh Live

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Family's 'nightmare' as £345,000 new home plagued with mould and unfinished work

Mr Cook bought his newbuild family home for £345,000. But he says they were left with an unfinished home with mould on the walls, an unturfed garden and incomplete plumbing.

Daily Mirror

Man's new £345,000 Persimmon home plagued by mould, leaks and unfinished work

The roof is not finished, there is mould on the walls, the windows leak, the garden is unusable and there is nowhere for a washing machine

Wales Online

Bridget Phillipson MP meets Sunderland apprentices at Houghton-le-Spring housing development

The MP for Houghton and Sunderland South was given a tour of Persimmon’s Herrington Grange development

Chronicle Live

Mortgage payments for first-time buyers 'have doubled in a year'

The builder said that a property costing £250,000 had an estimated monthly mortgage cost of £753 in March, whereas in December the same property had an estimated monthly mortgage cost of £1,488

Wales Online

Monthly mortgage costs doubled for some first-time buyers, Persimmon says

The British builder revealed that its sales took a hit over the last three months of the year because of weaker customer demand.

The Independent UK

Persimmon sales slump follows crash in availability of affordable mortgages

Housebuilder says cash cost of monthly mortgage payments doubles in a year

Evening Standard

Persimmon warns of falling sales as mortgage rises and economic woes weigh on consumer confidence

The FTSE100 builder said it had seen demand drop off in the final part of last year

Birmingham Post

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Birmingham Post

Plans for 114 Gloucestershire homes near Tewkesbury approved

Housebuilder Persimmon Homes’ Severn Valley division said its proposals would deliver new jobs, amenities, infrastructure and social housing

Daily Mirror

Couple use bucket for toilet over Christmas and New Year after raw sewage floods drains

Kim and Lee Bourton had to cancel plans to celebrate the New Year with friends at their Cramlington home when their toilet stopped working due to raw sewage blockages

Chronicle Live

Cramlington couple forced to use bucket for toilet after drains on new estate block - again

Kim Bourton said there have been never-ending problems with the drainage at The Fairways Estate in Cramlington

Wales Online

New £300k homes riddled with faults and are freezing cold

More than 140 residents have formed an action group to demand developer urgently correct catalogue of problems

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Liverpool Echo

Hidden beauty spot 'left to decline' on new build estate

Calls have been made for the housebuilder to protect what is left of the historic site

The Guardian - UK

Shares in big UK estate agent chain fall as housing market cools

Housebuilders also see share price falls as interest rate rises and cost of living crisis deter potential buyers

Birmingham Post

Latest appointments, promotions and jobs news from across Wales

New roles at National Botanic Garden of Wales, JCP Solicitors, Moondance Cancer Initiative, Persimmon and the Global Centre of Rail Excellence

Birmingham Post

Latest appointments and jobs news from the South West

We take a look at some of the people in the region who have taken on new roles in recent weeks

Liverpool Echo

New build estate with hidden wartime past

Thousands of soldiers would have come to this important facility more than 100 years ago

The Guardian - UK

End of the good times for Persimmon as cracks appear in housing market

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

Birmingham Post

Persimmon sees shares fall after revealing falling demand and prices

The housebuilder says economic gloom and soaring mortgage rates are affecting the UK property market

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