UK Housebuilder Stocks Jump on Help to Buy Speculation
Employees lay roof insulation material on joists at a Persimmon Plc residential property construction site in Braintree, UK.
Photographer: Chris Ratcliffe/BloombergUK homebuilder stocks rose after a report saying the government is weighing introducing a new version of the discontinued Help to Buy program.
Shares of Persimmon Plc, Taylor Wimpey Plc, Bellway Plc and Vistry Group Plc all rose more than 5% on Wednesday after The Telegraph newspaper said a similar program was under consideration, citing a person familiar with the matter.