Bellway delivered 4,702 homes in the six months to January 2026, a 2.7% increase from the prior year, as revenue climbed 6% to £1.51 billion. The UK builder benefited from a higher average selling price of £322,000, up 3.7%, driven by geographic shifts and stable buyer incentives of 4-5%.

CEO Jason Honeyman called the performance 'robust' despite housing market pressures. The company’s forward order book stood at 4,442 homes worth £1.24 billion, though this marks a decline from last year’s 4,726 homes due to reduced bulk sales. Bellway continues targeting 9,200 full-year completions, projecting an 11% operating margin.

The homebuilder spent £48 million repurchasing 1.76 million shares under its £150 million buyback program. Net debt rose to £72 million from £8 million a year earlier, reflecting strategic land acquisitions of 4,721 plots for future development.