On Hold27 Mar 2020 09:50
Morning all,
Another blow just as the SP was on a good rise :-(
In London, house builders were struggling following UK government ministers urging house buyers to put their imminent property moves on hold during the UK lock down designed to stem the tide of the new coronavirus.
This is a major headache for people trying moving home, what a time this is !!!!! never seen anything like it, I would not be very happy doing this as it could be a total disaster for some, and even losing the contract ???
Housing Secretary Robert Jenrick said those due to move house should rearrange to a new date and delay the process of changing property.
Barratt Developments was down 8.4%, Berkeley 8.3%, Persimmon 8.0% and Taylor Wimpey was 6.3% lower.