Should You Invest In Barratt Developments?

Barratt Developments dates back to 1953 and is a housebuilder with more than 30 years’ experience, operating in 6 different regions across the UK. Its business includes acquiring land, obtaining planning consents and building the homes. Company brands include Wilson Bowden Developments, Barratt Homes, David Wilson Homes and Barratt London. It is the only major national housebuilder to receive a 5-star rating by The HBF New Homes Survey for 10 years in a row. Barratt Developments has a long list of strategic business partnerships in the public and private sectors, including 2,889 new homes built on public land in 2018, which are 17% of the company’s total output, excluding joint ventures. It is also a major developer of affordable housing projects, responsible for over 27,000 new affordable homes over the last decade. 80% of Barratt Developments’ new customer leads are generated through the company’s website, and in 2018 it reported a profit of £835.5 million before tax. Interested in learning more? Find BDEV.L price updates and additional relevant information on eToro.