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This is the date when each of the builders' regions have to report to their group head office, how many completions were achieved, that is homes they have built and sold, within their financial year. This is then released as either final (annual) or interim (half-year) results in their company accounts for their shareholders.







It is crucial for each region to achieve their target number of completions and everything is done to ensure they reach the required figure. Sometimes the house builder's regional directors can lose substantial bonuses amounting to 30% - 50% of salary (and sometimes their jobs) if the target figures are not met. Very often your home is rushed to be finished in time for you to complete the purchase before the 'year-end' cut off date. This can result in a low standard of finish and reduced or forced drying out.





In the past it has been known that  large cheques were given to purchasers to persuade them to complete the purchase on their new home - even though it had not been finished, or remain in their old 'part-exchanged' home whilst their new home was finished. This cannot now occur, as the Council for Mortgage Lenders’ (CML) initiative requires builders to obtain a completion certificate. This is issued by an independent Building Inspector, normally the NHBC, following a satisfactory final inspection of the property and is required before the lender will release mortgage funds. However a cash purchaser may not necessarily have this protection and should ask for the 'CML' before legally completing the purchase of the property. In some cases new homes are legally completed before they are 100% finished, despite the CML policy. Many house builders refuse access to snagging inspectors until legal completion has taken place as some homes are far from completed. Here is an example when builders refuse access.






Listed below are some of the national builders  'End of year' dates:


Persimmon Homes (Charles Church)

Interims 30 June - Finals 31 December


Taylor Wimpey

Interims 30 June - Finals 31 December


Barratt Developments

(Inc. David Wilson Homes)

Interims 31 December - Finals 30 June


Berkeley Group

Interims 31 October - Finals 30 April


Bellway Homes

Interims 31 January - Finals 31 July


McCarthy & Stone

Interims 28 February - Finals 30 August


Bovis Homes

Interims 30 June - Finals 31 December


Redrow Group

Interims 31 December - Finals 30 June


Crest Nicholson

Interims 30 April -  Finals 31 October


Bloor Holdings

Interims 31 December - Finals 30 June


Keepmoat Homes

Interims 30 September - Finals 31 March


Fairview Homes

Interims 30 June -  Finals 31 December


Miller Homes

Interims 30 June -  Finals 31 December


Kier Group (Bellwinch, Twigden)

Interims 31 December - Finals 30 June


Linden Homes (Galliford Try)

Interims 31 December - Finals 30 June


Croudace Homes

Interims 31 December - Finals 30 June


Countryside Properties

Interims 31 March - Finals 30 September


Avant (Gladedale, Bett, Ben Bailey)

Interims 30 June  - Finals 31 December


Gleeson Homes

Interims 31 December - Finals 30 June


Cala Group

Interims 31 December - Finals 30 June


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Builders’ End of year figures