Bellway fully sold for FY25 as spring sales boost outlook

Bellway is fully sold for the year and now expects to deliver up to 8,700 homes in FY25, as spring trading brought a lift in reservations and buyer confidence. In a trading update for the four months to 1 June, the housebuilder reported a private reservation rate per outlet per week of 0.67, up 8% year-on-year, including bulk sales. The forward order book rose to 5,759 homes, up from 5,346 a year earlier. Bellway also raised its expected average selling price to £315,000, citing a shift in product mix and some higher-value completions. Chief executive Jason Honeyman said: “We are on track to deliver strong growth in volume output and profits this year. Our healthy forward order book and outlet pipeline provide a strong platform for further growth in FY26.”