In its latest trading statement, the partnership homes specialist said the group remained on track to deliver year-on-year profit growth for 2025.

Vistry said demand from registered providers and councils has continued to strengthen since September, with several new partner-funded deals expected to conclude in the final quarter.

The group highlighted early signs that the government’s affordable housing support measures and its £2bn grant injection were translating into new opportunities.

Vistry has already begun allocating a £50m grant from Homes England secured earlier this year to accelerate delivery of new schemes.

Chief executive Greg Fitzgerald said: “Recent interactions with partners and Government demonstrate an appetite for increased pace in the affordable housing sector and reinforce our optimism for the years ahead.

“We remain well positioned to play a key role in the delivery of the Affordable Homes Programme and in supporting the broader growth ambitions for the sector.”

Its forward order book remains steady at £4.3bn as build-out continues across active sites, supported by a rising sales rate of 0.81 since July – up 11% on last year.

Open market sales have seen a slight improvement but remain subdued amid wider economic uncertainty.

The group expects to reduce net debt by year-end as cash performance improves.