End of Help to Buy blamed as Barratt sales slip

2021-10-13T11:38:00

Housebuilder records slight dip in reservation despite huge drop-off in use of government’s subsidised purchase scheme

Barratt has seen its sales rate drop slightly amid a big fall off in reservations made using the government’s Help to Buy scheme.

The UK’s biggest housebuilder said in a trading update that it saw average sales of 0.85 homes per site per week between the start of July and October 10, down 2.3% on the same period last year, when the market was inflated in the immediate bounce back from the spring lockdown.

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