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UK house builder Bellway has reported a 50% jump in annual pre-tax profits to £67.2 million during a year in which it said the market had “stabilised”.Higher sales, better margins and tighter cost control were behind the improvement, with turnover in the year to 31 July up 15% to £886.1 million. Houses sold by the Newcastle [...] House builder Redrow Plc has reported a better than expected annual pre-tax profit, on the back of a 12% rise in its house sale prices.But the Ewloe-based firm warned the outlook for the property market was challenging. Redrow posted a pre-tax profit of £25.3m in the 12 months to the end of June, compared with £700,000 [...] The cost of owning a home by the sea has more that doubled over the past decade the Halifax bank has found. Wadebridge in Cornwall, a few miles inland from [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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