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Barratt forecasts £107m profit on back of housing market boom

  • 📰 The Guardian
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Housebuilder also benefits from rush to complete purchases before end of stamp duty holiday

Photograph: Peter Nicholls/ReutersPhotograph: Peter Nicholls/ReutersBarratt Developments, Britain’s biggest housebuilder, has forecast it will make more than £100m in annual pre-tax profits, as it benefits from the housing market boom and buyers’ rush to complete purchases before the end of theThe company said strong demand for new houses around the country would enable its full-year pre-tax profits, after adjusted items, to reach about £107m in the year to the end of June, slightly...

 

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