C

Crest Nicholson

UK residential development

New Homes Sales Executive

Full-TimePosted on 10/19/2026
No salary listed
Mid
Woodville, Swadlincote, UK
In PersonWeekend working is required on both Saturdays and Sundays.
Real EstateReal Estate Sales

About the job

Responsibilities
  • Sell homes at the Woodville Place development and build genuine relationships with customers, supporting them throughout their home-buying journey.
  • Work weekends on both Saturdays and Sundays.

About the company

Crest Nicholson is a UK housebuilder and residential developer. It acquires land, plans communities, builds homes, and supports property sales and post-completion customer service. The company works with homebuyers, landowners, local authorities, contractors, consultants, and communities involved in residential development. Its project model connects land and planning with design, construction, commercial management, procurement, sales, customer care, and corporate functions. Work spans land, planning, architecture, construction, quantity surveying, procurement, sales, customer care, and finance.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Addlestone, United Kingdom

Founded

1963

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Simplify's Take

What believers are saying

  • Year-end net debt guidance improved to £70m-£90m after land sales and fire recoveries.
  • Project Elevate launched new house types in FY2027, aiming for higher margins and better mix.
  • Warranty issues fell 30% and build-quality metrics improved, cutting customer-service costs through 2026.

What critics are saying

  • September 2026 profit warning cut EBIT to a £10m loss after weak summer sales.
  • Lender covenant amendments slipped again in September 2026, extending funding uncertainty into year-end.
  • If covenant talks fail, Crest Nicholson faces forced deleveraging, asset sales, or restructuring in 2027.

What makes Crest Nicholson unique

  • Project Elevate targets mid-premium homes, with Timeless launches starting at Heybridge, Essex.
  • Crest Nicholson kept its five-star HBF rating through July 2026, supporting brand trust.
  • September 2026 board hire Aidan de Brunner adds covenant, funding, and capital-allocation expertise.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Flexible Work Hours
  • Commuter Benefits
  • Gym Membership
  • Performance Bonus

Company News

Questor Media Group Ltd
Sep 30th, 2026
Aidan de Brunner joins Crest Nicholson as a non-executive director.

Aidan de Brunner joins Crest Nicholson as a non-executive director. by News Desk on September 30, 2026 Currently a NED at Thames Water and Videndum, de Brunner will join the board of the British housebuilder with effect from tomorrow. Crest Nicholson Holdings plc has announced the appointment of Aidan de Brunner as independent non-executive director on 1 October 2026. He will join the audit and risk, remuneration and nomination committees. De Brunner brings broad board experience across listed, private and investor-backed businesses, with particular expertise in governance, funding, capital allocation and strategic development. He is currently an independent non-executive director at Thames Water. At technology company Videndum plc, he is a NED and chairs the finance committee. A board director at Swedish green-steel company Stegra, de Brunner's previous senior experience includes roles at Petrofac, the Trafford Group, London Southend Airport and the McLaren Group. It was also announced that Louise Hardy, having served almost nine years on the board as a non-executive director, intends to step down at the annual general meeting in March 2027. Iain Ferguson, chair, thanked Louise Hardy for her "valuable contribution" and commented: "I am delighted to welcome Aidan to the Board. Aidan brings a breadth of experience across a number of disciplines and will complement the range of skills and experience on the Board. We very much look forward to working with him."

The Guardian
Sep 3rd, 2026
Housebuilder Crest Nicholson warns of annual loss in 'subdued' property market.

Housebuilder Crest Nicholson warns of annual loss in 'subdued' property market. Firm will complete fewer homes than expected in year to 31 October - between 1,350 and 1,400 The British housebuilder Crest Nicholson has warned of a surprise loss this year as it bemoaned difficult trading in a "subdued" property market. In an unscheduled trading update, the company said it would complete fewer homes than expected in the year to 31 October - between 1,350 and 1,400, down from its previous estimate of 1,400 to 1,500. Conditions in the property market have been "more subdued" than expected during the summer, which is typically quieter as many people go on holiday. Crest said its sales rate had slowed over the past six weeks compared with the first half of the year as "affordability constraints and competitive pricing" dragged down demand. The company now expects to slide into the red, with an operating loss of about £10m, reversing an earlier forecast of a profit of between £5m and £10m. It is the third profit warning since April. The Crest share price plunged more than 10% on Thursday morning. Building material prices remain about 3% to 4% higher on average. Crest has closed one divisional office and cut 50 jobs in recent months. It reported a pre-tax loss of £35.2m for the six months to the end of April. However, it is reducing its borrowings faster than expected, and expects net debt of £70 to £90m at the end of October, down from the £100m to £120m flagged previously. The Surrey-based company has been trying to renegotiate its banking covenants with lenders for some time to ensure it has enough funding in the future. It described the talks as constructive but anticipated "some slippage in the current timetable", indicating the negotiations were taking longer than expected. Martyn Clark, the chief executive, said: "While the trading backdrop has remained difficult through the summer, we are making tangible progress on the actions within our control. "Although the timing of a broader market recovery remains uncertain, the group is taking the right actions to protect liquidity and improve operational execution, while positioning the business for recovery when market conditions normalise." The outlook for the property market has been clouded this year by the impact of the US-Israel war on Iran. The conflict has pushed up oil prices, stoking fears over inflation and this week leading to turmoil in bond markets. UK swap rates, which lenders use to price mortgages, have risen to a three-year high, as this week's global bond market sell-off ripples through the economy.

Property Week
Sep 3rd, 2026
Crest Nicholson issues profit warning after 'difficult summer'

Crest Nicholson issues profit warning after 'difficult summer' Housebuilder Crest Nicholson has lowered its guidance on expected home completions and now predicts a loss of £10m for this financial year due to difficult trading conditions over the summer. In a trading update, the group revealed that over the past six weeks, its average weekly sales rate fell to 0.35, down from 0.48 in the first half of the year and 0.55 in the same period last year. It has changed its prediction for earnings before interest and tax changed from previous guidance of a £5m to £10m profit to an expected £10m loss. The housebuilder now expects full year completions to stand between 1,350 and 1,400 homes, down from its previous guidance of 1,400 to 1,500. At time of reporting, the group's share price fell 11.3% to 54.4p per share. Crest Nicholson attributed the drop in profitability to a lower then expected number of completions following weaker open-market demand and continued competitive pricing, particularly in bulk deals. In July, it reported a £35.2m loss before tax for the first half of the year, as total completions fell to 584 from 739 at the same point last year. Chief executive Martyn Clark said: "While the trading backdrop has remained difficult through the summer, we are making tangible progress on the actions within our control. Our cash optimisation programme is delivering." Clark said the group's "expected year-end net debt position is now materially better", with Crest Nicholson expecting the figure to stand at between £70m to £90m, down from the previous guidance of £100m to £120m. He added: "The group continues to make good progress against its strategic priorities. We are building a stronger operational platform through tighter cost control, improved procurement, disciplined land and WIP [work in progress] management, and a continued focus on build quality and customer service. "Although the timing of a broader market recovery remains uncertain, the group is taking the right actions to protect liquidity and improve operational execution, while positioning the business for recovery when market conditions normalise."

Craven Herald
Sep 3rd, 2026
Crest Nicholson cuts earning targets again after 'difficult' summer.

Crest Nicholson cuts earning targets again after 'difficult' summer. By PA News Agency Housebuilder Crest Nicholson has warned it will tumble to an earnings loss this year (Alamy/PA) Housebuilder Crest Nicholson has said its earnings are on track to slide to a surprise loss after "difficult" trading over the summer. The Surrey-based company said it is set to deliver fewer home completions than previously expected as a result. It told shareholders that conditions in the property market had been "more subdued" than expected during the summer season, which is typically quieter for activity. Crest said its sales rate had slowed further over the past six weeks as "affordability constraints and competitive pricing" pressed down on demand. The company expects to deliver between 1,350 and 1,400 home completions over the current financial year, down from previous guidance of 1,400 to 1,500. It also said it is set for a loss in earnings before interest and tax of around £10 million, having previously guided towards a profit of between £5 million and £10 million. It is the third time the company has reduced its earnings guidance since April. The firm blamed lower expected completions driven by weaker demand on the open market and pricing pressure. Building material prices remain about 3%-4% higher on average. The business reported a pre-tax loss of £35.2 million for the six months to the end of April in its previous update. Crest Nicholson added that it is reducing its debt levels quicker than expected, cutting its previous debt guidance by around £30 million. Chief executive Martyn Clark said: "While the trading backdrop has remained difficult through the summer, Your IVF Ab is making tangible progress on the actions within its control. "Its cash optimisation programme is delivering with the expected year-end net debt position now materially better. "Although the timing of a broader market recovery remains uncertain, the group is taking the right actions to protect liquidity and improve operational execution, while positioning the business for recovery when market conditions normalise." More Stories

Construction Enquirer
Sep 3rd, 2026
Crest Nicholson issues profit warning as lender talks slip.

Crest Nicholson issues profit warning as lender talks slip. Aaron Morby 2 hours ago Crest Nicholson has issued a profit warning after weaker summer trading pushed the house builder from an expected profit into a forecast £10m operating loss. CEO Martyn Clark warns house builder will fall into the red after weaker summer sales The group had previously guided to EBIT profit of between £5m and £10m for the year. It has also cut its completions forecast to 1,350-1,400 homes from 1,400-1,500 as affordability pressures and competitive pricing continue to hit sales. The warning came as Crest revealed talks with lenders over amendments to its banking covenants are taking longer than expected. The group said discussions remained constructive but now anticipated "some slippage" in the timetable for agreeing changes designed to ensure sufficient funding and liquidity. In a trading update this morning Crest said that open-market trading has weakened sharply over the summer, with the net sales rate falling to 0.35 over the last six weeks from 0.48 in the first half and 0.55 during the same period last year. Crest said pricing pressure remained particularly acute on bulk sales, while weaker completions and further net realisable value provisions on a small number of sites had also hit expected profitability. Despite the profit downgrade, Crest said its cash optimisation programme was performing ahead of plan. Year-end net debt is now expected to fall to £70m-£90m, around £30m better than previous guidance of £100m-£120m, helped by land disposals and a further material recovery linked to historic fire remediation. Chief executive Martyn Clark said: "While the trading backdrop has remained difficult through the summer, Ibsecad Limited is making tangible progress on the actions within its control. "Its cash optimisation programme is delivering with the expected year-end net debt position now materially better. "The Group continues to make good progress against its strategic priorities. We are building a stronger operational platform through tighter cost control, improved procurement, disciplined land and work in progress management"