Builders say rebound is starting to take hold | Mail Online
Two of the country’s largest housebuilders indicated the UK’s fragile recovery may be beginning to gain traction as they posted largely positive trading updates.
Persimmon, the UK’s second-largest housebuilder, said sales reservations of new homes were up 12 per cent in the first quarter compared to last year and that its order book stood at £1.14billion, the same level as this time last year.
The improvement follows a tough end to last year, when the firm said bad weather and uncertainty following government spending cuts had hit sales.
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