Bellway Delivers 14% Rise in Home Completions and Profit Growth

Bellway has announced a strong set of full-year results for the period ending 31 July 2025, achieving double-digit growth in both housing completions and profits despite continued market challenges.

  • 8,749 new homes delivered – up 14% on the previous year
  • Around 9,2000 completions forecast for FY26
  • £150 million share buyback programme announced
  • 47 NHBC ‘Pride in the Job awards achieved
  • 91% employee satisfaction
  • Five-star homebuilder status retained for customer satisfaction

The housebuilder’s impressive performance was driven by its balanced portfolio, efficient cost management, and a robust pipeline of developments. Bellway expects its positive momentum to continue into FY26, supported by steady demand and progress across its regional divisions.

Bellway Chief Executive Jason Honeyman said:

“Bellway has delivered good performance over the year, with double-digit growth in volume output and profits. This has been achieved despite the near-term market headwinds, and the Group is well-positioned to deliver further growth in FY26 and beyond.”

The Group has refined its approach to capital efficiency, underpinned by its established land bank and the £150 million share buyback programme. Bellway plans to maintain a “replacement-only” land strategy while increasing delivery from strategic land holdings to drive sustainable long-term expansion.

Innovation and Recognition

Progress continues on ‘Bellway Home Space’, the new timber frame manufacturing facility near Mansfield, which is set to begin supplying divisions in early 2026. Bellway’s ongoing focus on quality and service excellence was also recognised through a record 47 NHBC awards and the continuation of its five-star rating.

Policy and Government Action Required

Despite positive results across the sector, housebuilders continue to call for stronger policy support to address planning and affordability barriers. As Bellway noted in its results statement:

“The Government must demonstrate its commitment to accelerating housebuilding by driving through planning reform and addressing the affordability constraints facing first-time buyers across the country.”

Housing market experts have emphasised that greater clarity around housing policy, particularly in relation to planning and taxation, will be key to sustaining momentum. Accelerating reform, improving affordability measures for first-time buyers, and maintaining stable long-term housing strategy could help unlock supply and reinforce confidence across the market.

As the housing market navigates shifting economic conditions, Bellway’s results offer a clear sign of underlying strength within the sector. Continued collaboration between developers and policymakers will be critical to sustaining supply, tackling affordability, and meeting the UK’s long-term housing needs.