Shares in Vistry Group rose 11.69% to 300 pence on Tuesday, marking the highest level since August 4, after the company secured the maximum £350 million allocation from the UK government’s Social and Affable Housing Programme.
The funding will support the delivery of 3,028 homes as part of a broader £39 billion, 10-year initiative aimed at expanding affordable housing across England. Vistry was named among 33 strategic partners selected by Homes England for the program, with the company also negotiating new framework agreements with 10 strategic partners.
The announcement follows the government’s confirmation of the first allocations under the new program, which has helped alleviate prior uncertainties surrounding partnership demand. Vistry’s mixed-tenure business model, which combines private housing with affordable units developed in collaboration with housing associations, has benefited from the renewed clarity.
In the first half of 2026, Vistry completed approximately 6,100 housing units, with more than half classified as affordable. The company aims to end the year with a net cash position exceeding £100 million, reflecting improved liquidity and operational momentum.
Vistry’s shares trade on the London Stock Exchange under the ticker LON:VTYV and are included in the FTSE 250 index.
