The firm, which built 661 homes in or around the British capital the previous year, is expected to post a pre-tax profit of 30.8 million pounds ($43.88 million) in the year to the end of March, according to a Thomson Reuters survey of three analysts.

The builder said the value of its forward sales was up on the same period a year earlier but warned that a referendum on Britain's membership of the European Union might cause uncertainty in the future.

(Reporting by Costas Pitas; editing by Jason Neely)