Britain’s housing industry has been through the pain of the house market slump and in slimmed-down shape is coping with the new normal of much reduced sales. In fact, the message from housebuilders is that sales have held up well in recent months, despite the gloom about the eurozone debt crisis. And while no significant pick-up in the wider housing market appears to be on the horizon, there is hope for their new build market. Housebuilders are placed to benefit from Government moves to boost building and help first-time buyers, including a mortgage indemnity guarantee … [Read more...]