All news on the topic: Crest Nicholson Ltd.

Berkeley Group is expected to post a drop in pre-tax profits on Wednesday as the housebuilder continues to struggle with poor demand in the housing market.

The Competition and Markets Authority announced on Friday that it is examining whether the buyout could harm competition

The housebuilder said it now expects annual profit to be between £22million and £29million, compared to expectations of around £38million

The building giant said it expects to deliver 1,800 to 2,000 house completions in the year to the end of October, down from 2,020 for the year before

Over 500 households will be freed from "problematic" leaseholds and will have their ground rent returned to the original amount when they first bought their homes

The housebuilder also said it is expecting a legal bill for a fire at one of its sites in 2021