UK homebuilders' shares slump as budget's first-time buyer scheme disappoints
October 29, 2026
Marsares Editorial Team
Following Minister John Healey's introduction of the 'Your First Home' scheme, shares of British homebuilders plummeted. Although aimed at assisting new buyers, the plan's limited funding and slow implementation worries developers, who will also contend with unexpectedly high fees. Analysts predict that this funding will only support sales for a couple of years, leaving builders hesitant to initiate new projects due to reduced profitability.
Source: ET Realty