Housebuilder shares rally on Iran war peace hopes and help-to-buy revival

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Housebuilder shares rally on Iran war peace hopes and help-to-buy revival

Shares in leading London’s listed housebuilders jumped on Monday as investors bet a potential Iran war peace deal and a mooted new help-to-buy scheme would provide a boon to Britain’s flagging property market. FTSE-100-listed Persimmon jumped more than four per cent to 1,152 while mid-cap Vistry gained six per cent to 310p on Monday. Analysts [...]