Today: 1 July 2026
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ASX:APT 12 January 2026

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  • Bellway sued in UK class action; stock drops on June homebuyer slowdown
    July 1, 2026, 4:12 AM EDT. Bellway (BWY) is targeted in a planned UK class action involving over 700,000 new-home buyers from October 2015 to June 2026, who allege the builder shared pricing and sales data. The suit, seeking £2.2 billion to £4.5 billion, still needs tribunal sign-off. Bellway shares slid about 2.5% after updates flagged a fall in UK homebuyer demand for June, as agreed sales slipped. Higher mortgage rates are blamed for slowing buyer activity.
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