The housebuilder, formerly Bovis Homes, is on course to sell 6,500 homes this year, up from 4,652 last yearOne of Britain’s biggest housebuilders has raised its profit expectations for this year as demand for private and affordable homes remains strong. Vistry Group, formerly Bovis Homes, said that it expected 2021 profits of about £325 million. Two months ago the housebuilder said it expected full-year profits of at least £310 million. SponsoredThe company is on track to complete 6,500 home sales this year, up from 4,652 in 2020. Mortgage borrowing reached a record £11.8 billion in March, according to Bank of England data released this month.

Source: The Times May 17, 2021 11:03 UTC