Income dropped 12% to £764m for the yr to October 2024, as completions dropped 14% to three,516 properties.
The common promoting worth crept up 2.8% to £217k as demand held up for the agency’s inexpensive housing provide. However fewer shops and sluggish planning approvals dragged general volumes down.
Chief govt Tim Beale stated the group’s versatile multi-tenure mannequin and long-term partnerships helped keep progress on website, with 847 plots delivered via bulk offers with PRS and housing affiliation companions.
Regardless of the more durable market, Keepmoat expanded its ahead land pipeline to over 24,400 plots—up from 23,100—representing round seven years’ provide.
Beale backed the brand new Authorities’s push for sooner planning reform and inexpensive housing targets, calling Keepmoat “completely aligned” to ship extra properties on brownfield and regeneration websites.
