Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Housebuilder records slight dip in reservation despite huge drop-off in use of government’s subsidised purchase scheme
Barratt has seen its sales rate drop slightly amid a big fall off in reservations made using the government’s Help to Buy scheme.
The UK’s biggest housebuilder said in a trading update that it saw average sales of 0.85 homes per site per week between the start of July and October 10, down 2.3% on the same period last year, when the market was inflated in the immediate bounce back from the spring lockdown.
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