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Housebuilder Crest Nicholson warns of annual loss in ‘subdued’ property market

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This story was selected and curated by our editorial team in the Business category. Published on September 3, 2026 • Originally reported by Julia Kollewe. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Firm will complete fewer homes than expected in year to 31 October – between 1,350 and 1,400

The British housebuilder Crest Nicholson has warned of a surprise loss this year as it bemoaned difficult trading in a “subdued” property market.

In an unscheduled trading update, the company said it would complete fewer homes than expected in the year to 31 October – between 1,350 and 1,400, down from its previous estimate of 1,400 to 1,500.

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