RESILIENT HOUSING MARKET FUNDAMENTALS
- The housing market benefits from a growing population and limited housing supply
- The lending market remains functional and stable
Adaptive land portfolio
- We hold a high quality strategic land portfolio, ensuring flexibility in land development with a strong five-year land bank
- We hold land in desirable locations to capture growth as the market recovers
BRAND, QUALITY AND PLACEMAKING
- Our established brand, known for quality and placemaking, helps differentiate us as a niche housebuilder in the market
- We have a strong reputation for creating attractive, sustainable communities
STRATEGIC LAND AND PARTNERSHIPS
- The land division ensures a strong pipeline of strategic land for medium-term growth
- We benefit from a diversified approach, including working with the private rented sector and partnerships, providing resilience against market fluctuations
SUSTAINABILITY COMMITMENT
- We remain committed to protecting the environment including achieving net-zero emissions by 2045 and 100% renewable electricity by the end of 2025
- We make a positive impact on our communities and deliver high quality energy efficient homes for our customers
MAINTAINING OUR FINANCIAL POSITION
- We conduct rigorous cash management and utilise internal working capital opportunities such as enhanced WIP management
- We maintain our balance sheet to provide optionality and sufficient funding headroom