Barratt Developments said a strong order book meant it was well positioned for the second half of the year.
The housebuilder, however, sounded a quiet note of caution about the impact of Thursday’s quarter point rise in interest rates.
Barratt said it traded strongly in the first half with a 2.9% rise in completions and slight rise in the average selling price to £165,000.
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Including:
Industry leaders are reassured by the likelihood of the sector falling outside of policy changes
Company is monitoring “market volatility”
CFO Shaw will step into top post next year
Prima, Real Living and Cantay Estates have received funding for 189-bed PBSA
