Berkeley expects profits to tumble by 30% next year

Property giant McLaren has launched a new housebuilding arm, recruiting Berkeley First's Matthew Biddle as Managing Director.

Following on from Redrow's impressive 21% leap, the UK's biggest player, Barratt Developments, reports a 9.2% jump in pre-tax profit;

UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.