The land bank was bolstered by a large site in Dunfermline Strategic Development Area, which included around 1,900 plots.
Bellway entered option agreements to purchase 16 sites since the start of the financial year, and the strategic land bank now has around 47,000 plots, with over half having positive planning status.
The balance sheet remained strong, with net debt at £236m as of 29th May 2026.
Bellway expects to keep adjusted gearing low, between 5-10% at the end of the financial year.
The group kept guidance for FY26 volume output between 9,300 and 9,500 homes, and underlying operating profit is expected within the range of £320m to £330m.
It is focusing on monetising its land bank and work-in-progress to support asset turn and cash generation through FY26 and beyond.
Jason Honeyman, chief executive of Bellway, said: “Bellway continues to perform robustly in an increasingly challenging market, with customer demand having moderated in recent weeks, after a positive start to the spring selling season.
“Notwithstanding this, and supported by our forward order book, we are on track to deliver FY26 underlying operating profit within the previously guided range of £320m – £330m.
“The outlook beyond the current financial year remains uncertain, reflecting ongoing geopolitical tensions in the Middle East and a less predictable domestic political environment.”
Honeyman added: “Against this backdrop our clear focus on self-help and drive for capital efficiency provides resilience while supporting our strategy to increase cash generation and shareholder returns.”