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BWY

Bellway

Home Construction

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

Bellway is a major UK housebuilder developing new homes across England, Scotland and Wales. It operates through regional divisions and sells predominantly to private buyers, with additional affordable-housing output.

02

Key activities

Land acquisition, planning, construction and sale of new-build houses and apartments, together with affordable housing and large residential development schemes.

03

Key markets

The UK residential housing market, with developments spread across multiple regions and price points.

04

Key drivers

Mortgage rates, buyer confidence, reservations, selling prices, build-cost inflation, land buying, planning approvals, outlet numbers and government housing policy.

05

Key risks

Housing downturns, high mortgage rates, weak consumer confidence, planning delays, construction costs, building-safety liabilities, labour shortages and land-value movements.

06

Recent Developments

11 August 2026: Bellway said full-year underlying operating profit was expected to be around £320m after completing 9,695 homes. The forward order book stood at about £1.20bn and the group continued a £50m share-buyback programme.

07

Dividend notes

Pays interim and final dividends. The 2026 interim dividend was 23.0p, ex-dividend on 21 May and paid on 1 July. The final dividend will depend on full-year results and the group's capital-allocation priorities.

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