This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-26625518
The article has changed 3 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Berkeley says house building to pass 2007 peak by 30% | Berkeley says house building to pass 2007 peak by 30% |
(about 5 hours later) | |
Housebuilder Berkeley Group has said it expects to complete 30% more homes this year than during the 2007 market peak. | Housebuilder Berkeley Group has said it expects to complete 30% more homes this year than during the 2007 market peak. |
It has credited the government's Help to Buy scheme with boosting the property market and speeding up the number of new homes being built. | It has credited the government's Help to Buy scheme with boosting the property market and speeding up the number of new homes being built. |
The firm's forecast comes shortly after the chancellor's decision to extend the equity loan scheme for new homes until 2020, in England at least. | The firm's forecast comes shortly after the chancellor's decision to extend the equity loan scheme for new homes until 2020, in England at least. |
Shares in UK housebuilders rose sharply on the news on Monday. | Shares in UK housebuilders rose sharply on the news on Monday. |
An extra £6bn would be put into the English Help to Buy scheme, George Osborne said at the weekend, allowing a further 120,000 new homes to be built. | An extra £6bn would be put into the English Help to Buy scheme, George Osborne said at the weekend, allowing a further 120,000 new homes to be built. |
The extension, from its current end date of December 2016, will be confirmed in Wednesday's Budget. | The extension, from its current end date of December 2016, will be confirmed in Wednesday's Budget. |
Berkeley Group said its forward sales of new homes were worth more than £1.9bn by the end of February, up from £1.75bn at the end of October last year. | Berkeley Group said its forward sales of new homes were worth more than £1.9bn by the end of February, up from £1.75bn at the end of October last year. |
It said most of the demand was coming from London and the south of England. | It said most of the demand was coming from London and the south of England. |