Financial Times FT.com

Barratt sees slim signs of hope in tough sites

By David Fickling

Published: May 13 2009 19:38 | Last updated: May 13 2009 19:38

Enthusiasm among homebuyers has started to drive sales in some of the most difficult sites in Barratt’s portfolio in recent weeks, said Mark Clare, chief executive of the housebuilder.

Improving consumer sentiment has pushed up sales rates 4 per cent year-on-year and as high as 20 per cent in London, flattered by recovery from the sharp fall in the market over Easter 2008.

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