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Bloor Homes Limited is a British housebuilder based in
Measham Measham is a large village in the North West Leicestershire district in Leicestershire, England, near the Derbyshire, Staffordshire and Warwickshire boundaries. It lies off the A42, south of Ashby de la Zouch, in the National Forest. Histor ...
,
Leicestershire Leicestershire ( ) is a Ceremonial counties of England, ceremonial county in the East Midlands of England. It is bordered by Derbyshire, Nottinghamshire and Lincolnshire to the north, Rutland to the east, Northamptonshire to the south-east, Warw ...
. It is Britain’s largest privately owned housebuilder. Bloor Homes was established in 1969 by John Bloor. The 2000s was a particularly profitable decade for the first, the firm was selling 1,870 houses annually. During the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
, Bloor Homes transferred some of its unsold homes to the
public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pu ...
, reduced its involvement in apartment construction and cut
subcontractor A subcontractor is a person or business which undertakes to perform part or all of the obligations of another's contract, and a subcontract is a contract which assigns part of an existing contract to a subcontractor. A general contractor, prime ...
payments. By 2012, it was reportedly building around 1,800 homes per year; six years later, the company was completing 3,200 homes annually. The company's value was such that, due to his large stake in the business, John Bloor became the richest man in Britain's construction sector during the 2010s.


History

The company was founded by John Bloor in 1969. Unlike many housebuilders, John Bloor has long retained a large stake in the ownership of Bloor Homes; by 2018, he was reportedly the richest man in Britain's construction sector, valued at almost £3.4 billion. During 2002, Bloor Homes recorded 1,870 annual housing sales, making it the largest housebuilder in Britain to be owned by a single person. Over the following two years, while sales volume remained relatively static, the firm's profits continued to rise, which was attributed to increasing house prices. By 2006, Bloor Home's margin was reportedly 20 percent. The company was negatively impacted by the
Great Recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.
. In 2008, Bloor Homes announced that it would cut payments to its
subcontractor A subcontractor is a person or business which undertakes to perform part or all of the obligations of another's contract, and a subcontract is a contract which assigns part of an existing contract to a subcontractor. A general contractor, prime ...
s, a decision which it attributed to commercial pressure. That same year, it became the first housebuilder to make use of a government scheme to partially-finance the transfer of unsold homes to the
public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pu ...
. During mid 2009, after sustaining a £52 million loss, the firm announced that it would reduce its involvement in the construction of apartments; it also withdrew from a £35 million regeneration project in Cobridge, Staffordshire. By 2012, Bloor Homes was reportedly building around 1,800 homes per year. Three years later, this rate had increased to 2,000 per year, which was largely attributed to an upturn in the British economy. During 2016, Bloor Homes was one of the largest privately owned housebuilding groups in Britain; the combined group was worth around £725 million. In 2018, Bloor Homes recorded the completion of 3,200 homes annually. During January 2023, the firm recorded a pre-tax profit for the previous year of £317.6 million, a sharp increase from £261.8 million in 2021; this was stated to be due to a combination of additional sales completed and house price inflation. Inflation also increased costs, which negatively impacted Bloor Homes' bottom line and contributed to a drop in turnover for 2023. In February 2024, Bloor Homes was among eight UK house-builders targeted by the
Competition and Markets Authority The Competition and Markets Authority (CMA) is the principal competition regulator in the United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for promoting competitive markets and tackling unfair beh ...
in an investigation into suspected breaches of competition law. The CMA said it had evidence that firms shared commercially sensitive information with competitors, influencing the build-out of sites and the prices of new homes. In January 2025, the CMA said it was conducting further investigations into the suspected anti-competitive conduct. In June 2025, the CMA investigation was extended to August 2025.


References


External links


Official Website
{{Real estate in the United Kingdom Housebuilding companies of the United Kingdom Construction and civil engineering companies of England Construction and civil engineering companies established in 1969 1969 establishments in England British companies established in 1969