London, June 11, 2026, 16:07 (BST)
Barratt Redrow plc shares slipped again Thursday, trading at 242.40p to sell and 242.50p to buy on Hargreaves Lansdown, off 7.10p, or 2.84%. The housebuilder lagged as the FTSE 100 showed a 0.82% gain. Pricing data was delayed by a minimum of 15 minutes.
Barratt Redrow shares kept slipping, with MarketWatch saying the stock dropped 1.73% to £2.50 on Wednesday, June 10. The FTSE 100 was up 0.27% at 10,254.81. Volume for Barratt Redrow hit 5.8 million, under the 50-day average of 10.3 million. The shares were well off their 52-week high of £4.86.
Barratt Redrow started the day at 246.00p, down from its last close of 249.60p, according to AJ Bell’s market page. Trading volume topped 12.6 million shares. The stock’s 52-week range was 235.40p to 486.499p. AJ Bell listed Barratt Redrow as the UK’s biggest residential property developer by revenue and said Barratt and Redrow merged in 2024.
UK home sales are slow and buyers are staying out of the market, according to the latest RICS May 2026 UK Residential Survey. Buyer enquiries were at a net balance of -34% and agreed sales at -37%, both numbers still below zero. It took 21.5 weeks on average to complete a sale, the longest in RICS data going back to 2017.
RICS reported UK house prices stayed weak, with the main price balance stuck at -35% for the second month. Some indicators have steadied, but Tarrant Parsons, who heads research at RICS, said it is “premature to interpret this as the start of a recovery.” RICS
Barratt Redrow is still dealing with rate uncertainty, as mortgages stay a key constraint on new home demand. The Bank of England puts Bank Rate at 3.75% right now, and it plans its next call for June 18, 2026. The Bank says its rate filters into borrowing costs across the wider economy and hits how much banks charge on loans.
Barratt Redrow’s April trading update painted a more stable picture than the stock’s latest move might suggest. The builder said its net private reservation rate, excluding private-rental and other multi-unit sales, rose 3.2% to 0.64 reservations per active sales outlet per week. The company also stuck to its guidance for 17,200 to 17,800 total home completions for FY26.
Barratt Redrow CEO David Thomas said the group delivered a “solid third quarter” and kept a “resilient reservation rate.” The builder said it was 94% forward sold for FY26. Total forward sales, including JVs, stood at £3.54 billion as of March 29, up from £3.14 billion a year ago. Investegate
Investors are watching if Barratt Redrow’s merger savings can help with the slower market. In April, Barratt Redrow confirmed its £100 million cost-synergy plan. The company has delivered £20 million for FY25, it’s guiding £50 million more in FY26, and £30 million by December 2027. Barratt Redrow also said FY26 share buybacks so far stand at 22.9 million shares for £83.7 million, with the rest due by end of June 2026.
Trading is now centered on the next company update. Barratt Redrow said its FY26 52-week period will close June 28. The company will give a trading update on Tuesday, July 15, then release full-year results on Wednesday, September 16. The market focus is set on July’s guidance for completions, forward sales and build-cost inflation, and whether recent weakness in housing data is hitting reservations.
