BUZZ-UK housebuilders: brokers bullish

** Liberum upgrades Persimmon to "buy" (+2.9 pct)and reiterates "buy" for Bellway (+2.6 pct), Berkeley (+0.2 pct) and MJ Gleeson (trades flat)

** Broker raises PT prices sector wide as sales have pickedup and risks faded; it still expects a mild slow-down, but not ahard landing

** Credit Suisse raise its FY17 volume & HPI forecasts to 4%(from 0%) and 3% (from 0%) for the UK housing market (outsideLondon), following resilience in post-Brexit data points

** "On London, we maintain our bearish stance, and forecastvolumes of -5% and 0% and HPI growth of -5% and 0% in FY17 andFY18 respectively", it adds

** Consistent with revised outlook, the brokerage raisesaverage FY17 and FY18 EPS forecasts across the sector (ex.Berkeley ) by an average of 17%

** It reiterates its "outperform" rating on Bellway and"underperform" rating on Berkeley Group (+0.3 pct), maintains"neutral" rating on Barratt Developments (+2.1 pct),Persimmon and Taylor Wimpey (+1.5 pct)

** CS says some form of increased funding to aid developerslikely to be announced in Nov

** FTSE 350 Household Goods index down just 3pct from pre Brexit vote levels