Persimmon profits

[Temp]

£66,000 per house. 31% margin...

 

https://www.constructionenquirer.com/2022/03/02/persimmon-makes-66000-profit-per-house/

[markc]

And yet people keep buying these poorly built boxes ?

[MJNewton]

We’ve got a Persimmon house and I’ve actually been really quite impressed with how well it was built, and I’ve seen it from virtually every angle and perspective having modified and extended it over the years. It was the show home though, so presumably first-built and perhaps the one that was subject to inspection with all the others just assumed to be built the same!

[SuperJohnG]

Interesting to see how the have incentivised senior management to deliver better quality standards which is a positive step.

[nod]

In actual fact Todays new builds are far superior to houses that where previously built 

The real problem lies with Air testing and independent quality inspections 

Or lack of them 

Most of the new homes I work on score 2 on airtightness 

and cone with anNHBC certification 

The fact that I hardly ever see an NHBC inspector and it’s several years since I’ve seen an air test being carried out Makes both of the above worthless 

 

Our daughter recently bought a 4 bed Red Row home 

Both her and her partner are professionals 

and probably pretty typical buyer 

There criteria was 

Location 

m2 

Price 

Most people won’t ask or care about energy performance when buying a new house 

So the builders will only do what the are legislated to do 

It has to come from the top 

 

I wonder if Persimmons are Tory Donors