The Doncaster-based partnership house builder said its secured pipeline jumped 18% to more than 28,800 plots in the year to October 2025 — enough for around nine years of delivery at current build rates.

The business endured a tougher trading year as high mortgage rates and planning delays hit outlet openings and private buyer demand.

Turnover slipped 4% to £733m while pre-tax profit fell 17% to £45m from £54m the previous year. Homes sold dropped 11% to 3,124.

But average selling prices climbed 8% to £235,000 and gross margin edged up to 18.6% as Keepmoat leaned harder into its partnership model and bulk deals with housing associations and build-to-rent investors.

Chief executive Ian Hoad, who took over last summer, said the firm had “performed strongly in the land market” and was now positioned for future growth after rebuilding its outlet pipeline.

Keepmoat also opened a new South West regional business during the year as it pushed into new territories.

The builder said partnerships with investors including Lloyds Living and Gatehouse Living had helped secure deals for more than 500 single-family rental homes across Yorkshire and the East Midlands.

The company remains heavily focused on brownfield regeneration, with 61% of homes delivered on previously developed land. Major long-term projects include the £265m Rise regeneration scheme in Newcastle and the redevelopment of the former Gedling Colliery site in Nottinghamshire.

Keepmoat finished the year with £131m cash and an undrawn £70m revolving credit facility, giving it firepower to keep buying land as the market recovers.