28th Jul 2020 17:09
(Alliance News) - Large-cap housebuilders ended in the green after the Financial Times on Tuesday reported the UK government up plans to extend the Help to Buy property support scheme beyond its December deadline to prevent buyers losing out owing to Covid-19 delays.
According to the FT, the government is set to prolong the Help to Buy Equity Loan programme, which allows people in England to buy a new-build property with a tiny deposit, to protect several thousand people whose purchases have been delayed by the coronavirus pandemic.
https://www.ft.com/content/73e5c6e3-4f0b-44eb-a5ce-e038fdda10b9
Shares in Berkeley Group, Barratt Developments, Taylor Wimpey and Persimmon ended up 5.0%, 4.7%, 3.1% and 2.3% respectively on Tuesday.
By Arvind Bhunjun; [email protected]
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Related Shares:
Berkeley GroupBarratt DevelopmentsPersimmonTaylor Wimpey