Persimmon

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.

Roger Devlin Roger Devlin has been announced as the new chairman at Persimmon where he will replace Nicholas Wrigley who resigned amid concerns over excessive executive pay at the housebuilder.

Jeff Fairburn Persimmon has revealed annual profits soared by a quarter last year and the housebuilding giant mains “encouraged” by the start to 2018 despite Brexit uncertainties.

Jeff Fairburn Persimmon chief executive Jeff Fairburn has decided to give a “substantial” amount of his £110 million bonus away through a charitable trust after he said that he never wanted to receive the money.

Stirling Council has refused two applications from Persimmon Homes to develop land to the east of Plean around Cushenquarter Farm. Persimmon Homes was seeking permission to build 500 residential units, an access off the A9 Main Street and the erection of a primary school. Its application sought plan

Housebuilder Persimmon has said that profits for the full year will come in marginally ahead of expectations as revenues for 2017 were 9% up in 2016 at £3.42 billion. The group said legal completions rose 6% in the year to December and average sale price up 3% at £213,300.