Vistry shares jump over 14% after £350 million affordable homes grant award

Retail & Consumer Written by: Ian Lyall 08:53 Tue 25 Aug 2026 --> Edited by: Jamie Ashcroft Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Vistry Group PLC ( LSE:VTY ) View Price & Profile Vistry shares jump over 14% after £350 million affordable homes grant award Last updated: 08:53 25 Aug 2026 BST, First published: 09:08 25 Aug 2026 BST Vistry Group PLC (LSE:VTY) , the housebuilder, saw its shares rise 15% to 308p on Tuesday after it secured the largest possible direct grant award under the first allocation of the government's £39 billion Social and Affordable Homes Programme. The stock hit an intraday high of 308 pence, up from Monday's close of 268.60 pence, after opening at 282 pence. Vistry said the £350 million award would fund the delivery of more than 3,000 affordable homes, exceeding the £83 million it received at the start of the previous programme in 2021. Under that earlier scheme, running from 2021 to 2026, Vistry received total funding of £278 million as a Strategic Partner, enabling over 3,500 additional affordable homes. The company has been reconfirmed as a Strategic Partner to Homes England, the government's housing and regeneration agency, extending a relationship with successive affordable homes programmes spanning nearly two decades. Vistry said it had identified immediate opportunities to deploy the grant this year, working alongside 29 of the 32 other strategic partners named in the wider £9.58 billion allocation announced on Tuesday. Chief executive Adam Daniels said the award reflected the company's track record and would provide "a much-needed stimulus" for the housebuilding sector. Homes England's broader funding round is intended to support the creation of more than 73,000 new homes across England. Continue reading