Housebuilder Bellway has made a £30.5m provision to remediate structural defects in a high-rise block it built in London.
Bellway said it had identified an “isolated design issue” relating to the reinforced concrete frame of an apartment scheme it built 12 years ago in the London Borough of Greenwich. The name of the high-rise was not provided.
The company made the disclosure in its 2023 year results, published this morning.
The housebuilder said it is reviewing its other buildings that used the same third parties responsible for the design of the defective concrete frame in Greenwich. But it added that no similar issues have been identified to date.
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