Building & Construction

Our Housing, Building Materials and Merchants coverage includes all of the UK listed housebuilders, the builders merchants/DIY specialists, the building materials companies, and estate agents.

Clyde Lewis leads our coverage of the sector. He has over 32 years’ experience as an equity analyst including 25 years covering the Building sector. He headed up the building team at both Citigroup and HSBC and has been consistently highly ranked in surveys. He has an Economics degree from Bath University and joined Peel Hunt in 2013. He is also Deputy Head of Research.

Sam Cullen joined Peel Hunt in 2020. He has over 10 years’ experience as a UK housing and building analyst, having covered the sector at both Jefferies and Berenberg. He has a degree in Natural Sciences from Durham University. 

Andrew Nussey joined Peel Hunt in 2008 and has over 25 years of experience in equity research including head of support services research at Deutsche Bank. He continues to be consistently ranked in all major investor surveys including Europe’s Best Support Services analyst (Wall Street Journal) and top stock picker (Starmine). Andrew holds an honours degree in Accounting from Aberdeen University. 


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Early ending of Help to Buy

Homes England announced that applications for Help to Buy are closing in October 2022, five months ahead of schedule. While unhelpful, we believe the impact will be relatively limited, given the drop in use following the April 2021 changes (which saw HTB restricted to first-time buyers) and the increase in 95% LTV mortgages, including Deposit Unlock.


Clyde Lewis

Deputy Head of Research

Sam Cullen

Research analyst

Andrew Nussey

Research analyst

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