Budget speech boosts housebuilders

Press Association

Shares in Britain's leading housebuilders jumped by as much as 7% after Chancellor George Osborne delivered a Budget-day boost to the sector.

Under the proposed £3.5 billion Help-to-Buy scheme, the Government will provide an interest-free loan worth 20% of the value of a new-build house to help those with a 5% deposit get on the housing ladder.%VIRTUAL-SkimlinksPromo%