Miller Homes  (UK)

Miller Homes Group Holding plc



Status: Performing

All payments are on time


Maturity Date

15 Oct 2024

Next Interest Payment

15 Apr 2020

Interest Period

6 months

First ranking charge over company assets


Housebuilders & Construction




S&P:  BB-, Fitch:  BB

15 Oct 2020 at 102.75
15 Oct 2021 at 101.375
15 Oct 2022 at 100

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

Established in 1934 and the largest privately-owned housebuilder in the UK, Miller Homes has a strong regional footprint through three divisions (Midlands & South, North, and Scotland) and a reputation for delivering quality, family homes in desirable and high demand locations.

The company focuses on sustainable developments on the edge of urban or suburban areas, typically within 45 minutes of the nearest largest town or city and is recognised for providing outstanding levels of customer service. In 2016, the company completed a total of 2,380 homes.

For the six months ended 30 June 2018, the company reported a 11% increase in operating profit to £70.5m (H1 2017: £63.5m).

Capital at risk. No FSCS cover. See Risk Statement.


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