How to buy Barratt Developments (BDEV) shares

By   |   Verified by Andrew Boyd   |   Updated 9 Nov 2023

Barratt Developments (LON: BDEV) is one of the UK’s largest residential property development firms. They have been building homes since 1958 and as the operators of Wilson Bowden Developments Barratts also play a significant role in the construction of commercial properties.

Get our step-by-step guide to buying shares in Barratt Developments below.

Unsure about what share dealer to use?

Where to buy Barratt Developments shares

eToro

On website

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk

eToro

Highlights

  • Trade and invest in top financial instruments, including a wide selection of stocks.
  • eToro is regulated by CySec, FCA and ASIC
  • Your funds are protected by industry-leading security protocols.
Hargreaves Lansdown

On website

Hargreaves Lansdown

Highlights

  • Offers easy-to-use trading platforms.
  • Invest across 20 international exchanges in shares, funds, bonds and investment trusts.
  • Dealing charges depend on how many trades you make each month.
Lightyear

On website

When you invest, your capital is at risk.

Lightyear

Highlights

  • Invest in over 3,000 international ETFs and stocks in the EU, UK, US, and more.
  • Simple and easy-to-understand pricing. Per order, Lightyear will charge 0.1% (up to $1 max) on US shares, £1 on UK shares, and €1 on EU shares.
  • Earn interest* on uninvested cash, USD (4.50%), EUR (3.25%), GBP (4.5%), and HUF (8.25%)  p.a. gross.
  • No account-keeping fees.


*The interest rates are true as of 11.01.2023
* Finty will be paid a referral fee, including financial promotion if you open an account and deposit funds through some of the links on this page.


Pros

  • No withdrawal fees.
  • US Fractional Shares are available.
  • A low 0.35% foreign exchange fee.

Cons

  • Limited investment products.
Saxo Markets

On website

Saxo Markets

Highlights

  • It only takes five minutes to open your account online.
  • Get ultra-competitive spreads and commissions across all asset classes.
  • Get news, commentary and actionable trade ideas from their team of expert analysts.
Wombat Invest

On website

Wombat Invest

Highlights

  • Simple and straightforward investing app.
  • Allows you to invest in ETFs (Standard ISA or GIA) and Fractional Shares (GIA only).
  • Get a savings account and unlock 4.91 %AER (variable) paid daily.
  • Open an Individual Savings Account and invest up to £20,000 each year.



Disclaimer: When you invest, your capital is at risk.

Pepperstone

On website

80.9% of retail investor accounts lose money when trading CFDs

Pepperstone

Highlights

  • Trade gold, silver, oil, and more.
  • Enjoy industry-leading low spreads from 0.0 pips.
  • Regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB.
Freetrade

On website

Freetrade

Highlights

  • With fractional shares, you can start investing from only £2.
  • Choose from thousands of stocks from the London Stock Exchange, NYSE and NASDAQ.
  • Access to a wide range of ETFs and Investment trusts.

Compare share investing accounts on Finty. Research fees, commissions, tradable assets, markets, etc.

First time buying?

How to buy Barratt Developments shares

Step 1: Sign up with a broker

Barratt Developments is listed on the London Stock Exchange, which your broker must have access to if you are to buy shares in the company. Brokerages typically have access to international markets in addition, giving you access to invest in many other well-known companies.

When comparing options, check what commission and foreign exchange fee the broker charges as well as features like market access, tradable instruments (e.g. shares, funds, futures, options, commodities, etc.), whether they support fractional share investment, etc.

If you are unsure about a trading platform, some brokers have demo accounts so you can try out the service before depositing funds.

Step 2: Fund your trading account

You'll need to fund your account before you can buy any shares.

Funds can be deposited in your account with a bank transfer or a debit card. Credit cards may also be accepted, although this is less commonplace.

Depending on the method used to transfer funds, it can take some time before you can trade. Keep this in mind if you need to make a time-sensitive trade.

Step 3: Set your investing budget

It’s important to set an investing budget because shares can go down in value as well as up. Resist the fear of missing out and rushing into a trade with money you can’t afford to lose.

Step 4: Choose whether to buy shares or an ETF

An ETF (Exchange Traded Fund) is a way to diversify your investment portfolio because each fund holds shares in a number of companies, typically with a common theme. For example, there are funds specifically for construction, meaning you could invest in a range of construction companies and not just Barratt Developments.

The trade-off with an ETF is that while they are considered less risky due to their diversified structure, they tend to return a consistent but lower return than you might get from investing in a growth stock.

ETFs with shares in Barratt Developments include iShares Core MSCI EAFE ETF (IEFA), WisdomTree UK Equity Income UCITS ETF (WUKD), and SPDR MSCI Europe Consumer Discretionary UCITS ETF (CDIS).

Step 5: Configure an order

Market orders are a quick and easy way to buy shares in Barratt Developments. With a market order, the broker will buy at the next available price once an order has been submitted. There can be a slight difference in price between what you are quoted and what you actually pay, especially in volatile markets.

If you have a strategy you would like to employ, you can use trigger orders that will be executed automatically under specific conditions, e.g. sell or buy shares at a price you have pre-defined.

If you would like to go long and build your position, you could consider using an order to buy shares periodically, e.g. once a month. This strategy means you can build your position over time and average down the cost per share.

After you buy

What moves Barratt Developments' share price

Keeping up to date about what Barratt Developments is working on is not difficult since their website showcases their ongoing projects.

Given their high profile, you will also occasionally see stories about Barratt Developments in the news and in magazines.

It is also wise to monitor what their main competitors are doing, the most important of which are Taylor Wimpey (LON: TW), Balfour Beatty (LON: BBY), and Persimmon (LON: PSN).

Disclaimer: We put our customer’s needs first. The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.