REMINDER: Our focusIR Investor Webinar takes place TONIGHT with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

British house builders fall on BoE's tighter lending remit

Fri, 13th Jun 2014 07:20

LONDON, June 13 (Reuters) - Shares in Britain's housebuilders, including Barratt Developments and Persimmon slipped on Friday after finance minister George Osbornesaid he would give the Bank of England stronger powers to curbmortgage lending.

British house prices have risen by 11 percent over the lastyear, benefiting house builders but leading to concerns that abubble could develop. Bank of England Governor Mark Carney saidat the same dinner on Thursday evening that interest rates couldrise sooner than expected.

Shares in the listed house builders, which also includeBovis Homes Group, Taylor Wimpey and BerkeleyGroup, were down between 2 and 4 percent.

(Reporting by Paul Sandle; editing by Kate Holton)

Related Shares

More News
3 Jan 2020 08:33

Bovis Homes Plans Name Change To Vistry Group After Galliford Deal

Bovis Homes Plans Name Change To Vistry Group After Galliford Deal

3 Jan 2020 07:43

Bovis and Galliford Try make management changes as acquisition completes

(Sharecast News) - Bovis Homes Group has completed the acquisition of Galliford Try's Linden Homes and Partnerships & Regeneration businesses, it ...

2 Jan 2020 18:14

Galliford And Bovis GBP1.14 Billion Housebuilding Deal Edges Closer

Galliford And Bovis GBP1.14 Billion Housebuilding Deal Edges Closer

24 Dec 2019 10:31

UK WINNERS & LOSERS SUMMARY: Bodycote Rises After Ellison Acquisition

UK WINNERS & LOSERS SUMMARY: Bodycote Rises After Ellison Acquisition

13 Dec 2019 10:50

UK WINNERS & LOSERS SUMMARY: Domestic Sectors Surge After Tory Win

UK WINNERS & LOSERS SUMMARY: Domestic Sectors Surge After Tory Win

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.