Persimmon chairman Roger Devlin pledges to tackle cladding crisis

Clean up: Persimmon’s chairman Roger Devlin  By  ROGER DEVLIN PERSIMMON CHAIRMAN  We have all been concerned to read of innocent leaseholders facing huge bills for safety measures, insurance rises and the cost of repairs to remove now-banned cladding. There are also examples of the issue broadening to affect the ability of many to sell their … Read more

BUSINESS LIVE: Dunelm restarts dividend; Persimmon puts aside £75m

BUSINESS LIVE: Dunelm restarts dividend; Persimmon puts aside £75m for cladding issues; 600,000 firms at risk of collapse By This Is Money Published: 08:03 GMT, 10 February 2021 | Updated: 08:05 GMT, 10 February 2021 Dunelm Group has reinstated its dividend after its first-half profits jumped by about a third to £112.4million thanks to strong … Read more

Father-of-two forces developer Persimmon to tear down his new build home and build it from scratch

A father-of-two forced housing developers Persimmon to tear down his new home and rebuild it from scratch because of its ‘poor workmanship’. Andrew Higgs bought a new-build five-bedroom home in Old St Mellons, Cardiff, in June 2019 but noticed major issues on the day he moved in with his wife and two children, aged two … Read more

MARKET REPORT: Investors down tools at housebuilder Persimmon with shares down 6.2%

MARKET REPORT: Investors down tools at housebuilder Persimmon with shares down 6.2% as it warns of an uncertain few months ahead amid the coronavirus pandemic By Lucy White City Correspondent For The Daily Mail Published: 21:56 GMT, 13 January 2021 | Updated: 21:56 GMT, 13 January 2021 Housebuilder Persimmon was down in the doldrums after … Read more

Family slam developer Persimmon after finding 200 faults in their new-build home

An exasperated couple have found more than 200 flaws with their new home, leaving them angrily demanding: ‘Were the builders drunk when they built it?’ Rebecca Chrystal, 39, was reduced to tears when she and David Mount, 40, found crooked walls, uneven floors and cracks in the ceiling inside their Norfolk property.   Within 22 months … Read more

BUSINESS LIVE: Persimmon and three other major housebuilders facing probe

BUSINESS LIVE: Housebuilders facing probe over ‘leasehold trap’ allegations; US tech stocks lead a pull back; Pret a Manger starts monthly subscription service US stocks fared poorly yesterday and FTSE 100 opened down this morning Four major UK housebuilders being investigated by competition body By Jane Denton For Thisismoney Published: 08:22 BST, 4 September 2020 | … Read more

Persimmon profits plunge 43% as construction returns to pre-Covid building levels 

Britain’s biggest house builder Persimmon said its build rate reached normal levels by the end of June and it restored its dividend to shareholders, it revealed today. Pre-tax profits plunged 43 per cent from £509.3million to £292.4million. Revenues were also down 32 per cent to £1.19billion, from the £1.76billion it reported a year earlier, after … Read more

Outgoing Persimmon boss Dave Jenkinson sells £1.3m of shares

Outgoing Persimmon boss Dave Jenkinson sells £1.3m of shares leaving his with an £18.5m stake By Daily Mail City & Finance Reporter Published: 22:44 BST, 21 July 2020 | Updated: 23:13 BST, 21 July 2020 Cashing in: Outgoing Persimmon boss Dave Jenkinson sold 50,000 shares in the housebuilder at 2622p each Outgoing Persimmon boss Dave … Read more

DIRECTOR DEALS: Persimmon boss Dave Jenkinson sells £2.2m of shares

DIRECTOR DEALS: Persimmon boss Dave Jenkinson cashes out £2.2m of shares By Daily Mail City & Finance Reporter Published: 21:51 BST, 5 June 2020 | Updated: 21:51 BST, 5 June 2020 Persimmon boss Dave Jenkinson has cashed out £2.2million of shares as he prepares to leave. The housebuilder will forever be remembered for the £80million … Read more