In an update for the period from 1st January to 26th April, the housebuilder recorded a 5% increase in forward sales to hit £2.46bn.

Private forward sales of £1.8bn attributed for the majority of this.

Commenting, CEO Dean Finch said the ongoing conflict in Iran had failed to have any “material impact” on trading.

As such, the housebuilder’s outlook for completions of between 12,000 and 12,500 units in 2026 has been maintained.

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Seeing signs of inflation in the supply chain, Persimmon’s executive team expect these to materialise fully in the second half of 2026 and into 2027.

The housebuilder is looking to mitigate these through relationships with suppliers and subcontractors, as well as by reviewing costs within the business.

“We are carefully monitoring the [Iran] situation, driving sales across all brands and tenures, maintaining flexibility and a rigorous focus on cost control and cash generation, whilst being supported by a robust balance sheet,” said Dean.

“Our three strong brands, unique vertically integrated model and high-quality landbank continue to differentiate Persimmon and position us well for growth into the medium term.”