Housebuilder shares surge on new Help to Buy scheme

Summarised from 2 outlets · Updated 28 Sept, 09:42 · Archive

Prime Minister Burnham announced a new Help to Buy scheme, sending housebuilder shares sharply higher.

Prime Minister Burnham announced a new Help to Buy scheme aimed at boosting the UK construction sector and helping younger people onto the housing ladder. Housebuilder shares rose sharply in early trading, with FTSE 100 firms Persimmon and Barratt Redrow jumping 15 and 13 per cent respectively, and FTSE 250-listed Vistry recording the biggest gains.

How it is being reported

• Burnham's Help to Buy revamp gives housebuilders much-needed boost with share prices soaringThis is Money · 28 Sept, 09:20
• Housebuilder shares rocket after Burnham revives Help to BuyCity AM · 28 Sept, 08:35

In this story: Burnham · Persimmon · Barratt Redrow · Vistry · UK

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