Schemes boost house builder shares

Press Association
Updated
File photo dated 22/01/2014 of a general view of residential houses and flats, as confidence in the housing market is growing, assisted by Government-backed initiatives such as Help to Buy, according to newly published research. PRESS ASSOCIATION Photo. Issue date: Monday January 27, 2014. The scheme is particularly popular with young people, the study found. See PA story ECONOMY Housing. Photo credit should read: Joe Giddens/PA Wire

%VIRTUAL-SkimlinksPromo%An extension in taxpayer support for the property sector helped Britain's biggest house building firms add to share gains which have in some cases seen them double in value since the start of last year.

The four biggest listed companies have increased in market value by 81%, or £7.2 billion, over the period, which saw the Government introduce the Help to Buy scheme to kick start the sector.

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