Well done Persimmon Homes.
We all appreciate that without the net influx of central Europeans less homes will have to be made available. This said, the government is still struggling to keep up with their own targets, especially when it comes to balancing the need to make affordable housing available.
I would love to understand what others within building products and construction are hearing post brexit. In particular what your customers are saying and whether investment is being pulled within commercial and residential markets.
House building giant Persimmon is confident the vote to leave the EU will not derail its continuing strong performance. In a trading update to the city this morning the firm said that “market fundamentals remain strong, supported by long term unfulfilled demand.” Persimmon added: “The UK housing market will continue to provide good opportunities for those companies with the right strategic focus and the balance sheet strength to navigate future changes in trading conditions. “We believe our focus on building traditional family housing in attractive locations for all purchasers from first time buyers to home movers will continue to attract customers in good numbers. “The Group remains committed to building the new homes across the country that Britain needs.”