proactiveinvestors.co.uk
Help to Buy revival could lift volumes, Persimmon the clearest beneficiary
JP Morgan said speculation had grown around a potential reintroduction of the Government's Help to Buy scheme and assessed the implications for UK housebuilders, with Persimmon PLC (LSE:PSN) rated 'overweight' and identified as the key beneficiary. The bank reiterated its positive stance on Persimmon and argued that a renewed scheme would provide the greatest relative support to those builders with higher exposure to first-time buyers and lower price points.
