(Reuters) – Persimmon, Britain’s No. 2 homebuilder, said on Tuesday demand for newly built homes remained healthy and underpinned positive pricing conditions, as cheap mortgages kept the housing sector supported after the expiry of a tax break.
Persimmon’s smaller rival Vistry Group Plc echoed the sentiment, reiterating that it was “firmly” on track to deliver annual earnings target of about 345 million pounds ($465.34 million). It had reported adjusted pretax profit of 143.9 million pounds for fiscal 2020.
($1 = 0.7414 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Subhranshu Sahu)
