Persimmon

One hundred affordable homes are set to be delivered in Guardbridge as part of a massive expansion of the Fife village. Persimmon Homes North Scotland’s plans to build 335 houses and flats on two fields on the western edge of the village have been given the green light.

Persimmon’s continued efforts to improve its customer care culture and operations are to be assessed in an independent review. Chairman Roger Devlin said the examination will evaluate the effectiveness of the housebuilder’s new measures and processes to determine whether they appropriate

Persimmon Homes West Scotland is to invest £60 million to bring forward a development of almost 250 homes in Renfrewshire. The announcement comes after the housebuilder successfully finalised a 27-acre land deal with the owners of Erskine Bridge Hotel.

East Lothian Council has approved plans for 1,500 new homes as part of a new development in Musselburgh. Planning permission in principle was granted yesterday for the mixed-use development at Old Craighall which will also include a primary school, business space, community facilities and public par

An annual industry survey has once again placed Persimmon among the UK’s worst major housebuilders but there was better news for Barratt Scotland, Mactaggart & Mickel and Miller Homes. The nationwide survey from by the Home Builders Federation (HBF) awarded Persimmon just three stars out o

Persimmon is to become the first major UK housebuilder to offer a retention policy to protect homebuyers from repair problems. Under the new initiative, which begins today, the company’s standard contract will say 1.5% of the total home value can be withheld by the buyer’s solicitor unti

Housebuilder Persimmon has said that its profits will be “moderately ahead” of forecasts as the firm continues to grow despite a boardroom bonus controversy. In a trading update today, Persimmon said its full results next month will show revenue growth to £3.74 billion and pre-tax

Housebuilder Persimmon has been fined by Perth and Kinross Council for a breach in planning regulations, its second indiscretion at the same site. Workers for the firm were caught on site at its 300-home Lathro Park development in Kinross on a Sunday morning.

Persimmon Homes West Scotland has lodged plans to build 196 new homes on the site of a former hospital. The developer is hoping to secure permission to transform the 17-acre Stonehouse Hospital site with a £25 million development featuring a range of two, three, four and five-bedroom homes.

Housebuilder Persimmon has announced the departure of its chief executive Jeff Fairburn amid the long-running controversy over his £75 million bonus package. The company said today that Mr Fairburn will step down on December 31 adding that the decision was "by mutual agreement and at the reque

Planning applications for 68 homes at Dunbar and works at three Ash Lagoons at Levenhall Links have been given the green light by East Lothian Council. Councillors on the local authority’s planning committee heard that the site south of Dunbar’s Brodie Road had previously been earmarked for a ho

Housebuilder Persimmon has reported a 13% increase in first half profits as it takes full advantage of the government’s Help to Buy scheme. Bucking the wider trend of a slowing UK housing market, the firm unveiled pre-tax profits of £516 million for the six months to 30 June, up from £457m.

One of Britain's largest housebuilders Persimmon has reported robust trading since the start of the year with total forward sales revenue, including completions, up by about 8% to £2.76 billion in 2018 to date. In a trading update ahead of today’s annual general meeting, the FTSE 100-listed compa

The directors of national housebuilders Persimmon have announced that the firm has recently concluded a one year extension of the maturity of its £300 million Revolving Credit Facility (“RCF”), out to 31 March 2023, with strong support from the company’s five relationship banks.

Jeff Fairburn Three executives at Persimmon were paid bonuses in excess of £100 million last year, the housebuilder has confirmed.