Persimmon Sells More Homes but Warns Mortgage Costs Still a ‘Barrier’ to Buyers

Mortgage rates remain a 'barrier' to buyers, Persimmon says

Persimmon has flagged ongoing 'affordability constraints' across the property market, as falling mortgage rates fail to lift demand significantly.

Persimmon sells more homes but warns mortgage costs still a ‘barrier’ to buyers

The York-based developer told investors that it was on track to meet its yearly sales target despite tough conditions in the housing market.

Housebuilder Persimmon reports stronger first half – Mortgage Finance Gazette

UK housebuilder Persimmon reports an increase in home completions and average sale prices in its half-year numbers. For the six months top the end of June, the company saw a 7% increase in private completions to 3,987 homes with total completions up 4% to 4,605.… The post Housebuilder Persimmon reports stronger first half appeared first on Mortgage Finance Gazette.

Persimmon says mortgage rates still ‘a barrier’ – Northern Financial Review

York-based house building giant Persimmon plc said its 2025 first-half revenue grew 14% to £1.50 billion and underlying profit before tax rose 11% to £164.9 million. Persimmon said it delivered 4,605 housing completions in the first half of the year, a 4% increase on the same period last year and is on track for completions of 11,000-11,500 homes for the full year. Persimmon’s average sales price on completions rose 8% to £284,047. In its result…

Mortgage affordability still a barrier for potential buyers, says Persimmon

Although mortgage rates have fallen and lending rules have eased, affordability is still a challenge to “many potential customers”, Persimmon has said. The post Mortgage affordability still a barrier for potential buyers, says Persimmon appeared first on Mortgage Solutions.

Persimmon sales surge but mortgage costs still barrier | The latest National and International News

Labour leader Sir Keir Starmer visits Persimmon Homes construction site in York (Illustrative image) (Photo by Ian Forsyth/Getty Images) Getty Images Persimmon delivered robust first-half results with home sales rising 4% to 4,605 properties despite ongoing affordability challenges in the UK housing market. The York-based developer remains on track to meet its yearly sales target of 11,000 to 11,500 completions. Operating profit surged 13% to £1…