housebuilder Bellway said it expected to deliver record full-year results this year, in line with market expectations.

In a trading update, Newcastle-based Bellway said completions on homes were a record at more than 7,000 - six per cent up on last year.

The overall selling price was about £165,000 compared to £161,400 last year.

The statement said: "This performance has been achieved against the backdrop of a less robust market place and is our fourteenth year of organic volume growth. "

"The Group's policy of forward selling as far as possible continues to be successful and the order book currently stands at £513m compared to last year's exceptional level of £587m."