In interim results, for the 26-week period ending 28th December 2028, the housebuilder reported a 13.6% decrease in underlying pre-tax profits.

This period saw Barratt Redrow record pre-tax profits of £199.9m, down from the £231.4m for the preceding period.

It completed 7,444 homes, up 4.7% on a year earlier, with an average selling price of £392,900 for private homes, up 5.21% on a year earlier.

As of 1st February, the group had forward-sold 11,168 homes at a value of £3,407.8m. This is up from the 10,903 homes forward-sold at the same point in 2025, for £3,305m.

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Based on Barratt Redrow’s forward sold position and reservation activity, the group expects to deliver total home completions of 17,200-17,800 in 2026, in line with previous guidance.

“We are embedding our proven operating model across the enlarged group, delivering operational excellence, strengthening efficiency, and positioning Barratt Redrow to deliver volume growth, margin progression, and capital returns through the cycle,” said Davis Thomas, CEO at Barratt Redrow.

“With a strong land bank, solid forward sales and synergy delivery in line with our targets, we are well positioned to deliver sustainable medium-term growth.

“However, while progress made on planning reform is encouraging, a stable and supportive demand environment is essential to enable increased delivery at scale across the sector.”