Barratt Developments Share Discussion Threads

[purplepelmets] 11/1/2023 08:01

Nothing like some friendly joshing to ease into a PW opening :)

[scepticalinvestor] 11/1/2023 07:54

Is that wht your mum charges?

[purplepelmets] 11/1/2023 07:50

Jaysus. Back to tree fitty?

[scepticalinvestor] 11/1/2023 07:48

Its a trading update you ignoramus LOLGo back to school sonny and let the adults speak

[sunshine today] 11/1/2023 07:36

No mention of build cost inflation

Massive red flag.

[scepticalinvestor] 11/1/2023 07:34

Lol you really have no clue do you? Go back to sucking your mammas teet

[scepticalinvestor] 11/1/2023 07:29

Not at all - are you simple? Far better than was expected

[sunshine today] 11/1/2023 07:26

Dire Trading update.

[arja] 03/1/2023 09:39

could take a pin today and make money - sone start to the New Year :)

[cwa1] 03/1/2023 09:03

Nice new year's rise so far today...

[sikhthetech] 20/12/2022 18:36

House prices to edge lower by 5% in 2023: Nationwide

Nationwide says it will be hard for the market to regain momentum in 2023 with economic headwinds set to strengthen.


https://www.propertyreporter.co.uk/property/house-prices-to-edge-lower-by-5-in-2023-nationwide.html


No Help to buy
Buyers holding off until interest rates fall.
Increase in homeowners in severe mortgage debt/repossessions

[cwa1] 05/12/2022 07:11

* Barratt BDEV.L : Jefferies raises target price to 452p from 356p

[sikhthetech] 13/11/2022 18:38

There you go, repossessions rising, as expected, April onwards after govn support ended and courts catching up with the backlog.
90% up from last year.
15% up on the quarter

all as expected.
;-)

Watch the demand decrease and supply increase



Mortgage repossessions up 90% as families warned of ‘ticking time bomb’
Rishi Sunak urged to act as landlord repossession claims also shoot up

https://www.independent.co.uk/news/business/mortgages-repossessions-landlord-evictions-rent-b2222207.html


Up 15% on the qtr:

House repossessions start to climb amid cost of living crisis: Properties taken back by banks rise 15% in three months as mortgage rates shoot up
https://www.thisismoney.co.uk/money/mortgageshome/article-11413579/House-repossessions-rise-15-three-months-amid-high-mortgage-rates.html






sikhthetech20 Feb '22 - 15:26 - 5884 of 5899 Edit
<...>
When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements.

Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again.
Around 30k homeowners in severe mortgage debt.
Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price

[microscope] 10/11/2022 15:30

Think my call at 325p can officially now be called the correct one! Up 25pc since.

A fall of about 60 percent had clearly more than factored in a 15pc drop next year and even any further falls beyond. Yield had reached 10pc, and buyback was underpinning share price - even if shares now drop 15pc from here, would still be about 350p.

Also I've noticed aggressive afternoon buying often recently, so I think might be US interest.

Not saying they're totally out of the woods, but I'll happily maintain 325p people wouldn't miss a second time, and you know what they say, Let the trend be your friend, and, for now, it's a new uptrend.

Oh and I can thoroughly recommend sweet chilli sauce with hats -I've had to eat a few in the past, Credit Crunchies! ;)

[creditcrunchies] 03/11/2022 10:23

I know why me being daft I already had a pending order

[creditcrunchies] 03/11/2022 08:41

You can't get quotes to sell this never seen that before

[sikhthetech] 02/11/2022 20:50

Fed increases interest rates by 0.75% today.

BoE meeting tomorrow.

This is 2 weeks before the Chancellor's Autumn Statement so they don't know what impact the Statement will have.

House price falls so far forecast by banks/property experts:

Watch the demand fall and the supply increase.

These are for next year:
Lloyds house prices to fall 8%, worst case 18%
Capital Economics house prices to crash 12%
Credit Suisse house prices to crash 15%
Natwest house price falls 7%

Nationwide house price crash 10-15%

[creditcrunchies] 01/11/2022 11:07

If this goes over 400 I'm gonna need another hat

[sikhthetech] 30/10/2022 16:38

credit
"Well house prices went up a ridiculous 25% more than they were pre COVID in 2019."

That's the point. House prices benefited from covid and govn support.

That support which included a ban on repossessions and courts were suspended ended a year ago, Sept 2021.

A 10-15% fall for NEXT YEAR is significant enough so why would potential homebuyers rush to buy, leading to millions of pounds of lost revenue, cash for HBs?

Leading to reduced demand and increased supply.
The falls snowball into a housing slump which can last years.

Best to trade hyped sectors.


Over next 3 weeks: The BoE meeting this week, HBs updates and Chancellors Autumn statement will provide some direction as to which direction the housing market is heading.
Will govn provide support for housing market?