Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,648.88
    +1,400.92 (+2.84%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

Housebuilder Bovis sees profits up but market normalising

Reuters - UK Focus

LONDON, Nov 7 (Reuters) - Housebuilder Bovis Homes said on Friday its profits would rise strongly in 2014 due to higher prices and more sales but that it was seeing a return to a more "normal" seasonal pattern in Britain's housing market.

Bovis said it expected volumes to increase by over 30 percent in 2014, with the average home selling for 10 percent more than in 2013.

However the company said it sales rates had fallen in the second half of the year compared to the same period last year, which benefited from then recent introduction of the government's mortgage guarantee scheme known as "Help to Buy." (Reporting By Costas Pitas)