The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Rajesh Patki - JPMorgan Chase & Co, Research Division - Analyst
: The first one is on build cost inflation, if you could provide an update on what you're seeing on that? I mean your previous comment was for 3%
to 4% of build cost inflation, how have you seen that evolve in the first half? And what do you expect for the full year for both materials and for
wages?
The second one was on plot additions, which for the first half were around 10,000. Do you see more opportunities to do a similar amount in the
second half? And what are the key constraints to it?
And lastly, just on the mix of the proportion of partnership units picked versus the second half of last year was at 18%. Do you see it getting back
towards the 20% you've mentioned earlier?
Question: Gavin Andrew Jago - Barclays Bank PLC, Research Division - Analyst
: Yes, just a few if I could, please. The first one is just around the HBF survey. Just wondering if you're able to share anything on, I guess, any progress
you've made in the 9-month survey with customers. Obviously, there's been a strong increase in your 8-week one, but just in terms of a delta on
9 months, I guess, over the same period.
The second one is just a reminder, please, of your capacity in your brick and tile factory and I guess, how many -- maybe just give us a number on
how many homes you actually can supply with bricks and tiles over a year?
And the final one is just a bit of clarity, please, just on Help to Buy reservation rates through the first half rather than legal completions?
Question: Gavin Andrew Jago - Barclays Bank PLC, Research Division - Analyst
: And just a question on that. In terms of the number of units that would be both using your bricks, just kind of equivalent units, how many is that
roughly per annum? And then I guess on the tiles as well, just to think how much you've got in the hands at the moment.
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