Barratt Redrow H1 Earnings Call Highlights

Roberts said part exchange stock levels were “carefully managed,” with 180 units unsold at the half-year point. He also reported that underlying private reservation rates remained solid at 0.55 reservations per week , ahead of last year, even as PRS and other multi-unit sales “effectively paused” in the run-up to the budget.Part exchange rose to 23% of private reservations from 14% , which management linked to customers seeking a “stress-free” move amid concerns about conveyancing chains and the rollout of ...