Property News · January 13, 2016

Barratt buoyed by housing schemes for first-time buyers


Britain’s biggest housebuilder reports confident outlook thanks to government-backed schemes such as help to buyGovernment initiatives to help first-time buyers such as the extension of help to buy and the starter homes scheme are fuelling optimism at Barratt Developments, Britain’s biggest housebuilder, and smaller rival Galliford Try.Barratt built and sold 7,626 properties in the six months to 31 December, up 9.4% from a year ago, and expects to sell 16,750 homes over the year. The average selling price increased by 10.8% to £254,000. Continue reading…

Source : theguardian.com
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