Barratt sees home sales soar

barratt

Housebuilder sees post lockdown demand surge but flags concern over mortgage lending

Barratt has seen its sales rate jump by a fifth in the past three months compared with the same period in 2019. The housing market has surged back to life since lockdown restrictions were lifted.

In a trading update to the City, the housebuilder said the number of sales per site per week had risen by 21% from 0.72 to 0.87 in the period since its financial year ended on June 30.

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