UK 01:04 Wednesday, 21 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
FTSE 100 housebuilder Berkeley Group (BKG) has issued a “Strategy and Trading Update” announcement including that it is “announcing decisive action to maximise long term shareholder value by prioritising value creation from our existing land holdings, tightly sequencing construction, flexing the pace of BTR (Build-To-Rent) investment and maintaining disciplined capital allocation while continuing shareholder returns… anticipate delivering above £1.4 billion of pre-tax profit, over the next four years (FY27 to FY30)”. So what about a current share price response to around 3000p, more than 12 down?
Since Malcolm wrote HERE about Berkeley Group (BKG) a few days ago, and the company issued some formal results yesterday, I will him write about his updated thoughts. What interests me more today, is that I see the media observing this morning that "average two-year mortgage rate drops below 6% for first time in six months". Should the average housing sector punter be excited?
Hello Share Squealers. House prices seem to be enjoying the delicate green shoots of a tentative recovery. So builders, which took such a hit with higher mortgage loan costs, could now begin a rally. No guarantees, but definitely possible. One of my favourite companies, Berkeley Group (BKG), could lead the pack.
Hello Share Gatherers. You would be forgiven for giving all house builders a wide berth. We all know house prices are falling as mortgages become more pricey. But there’s always a swan among the geese. And I think you might look at my favourite home builder, Berkeley (BKG).
