StocksMediumUpdated•Originally published 28 September 2026•Updated 28 September 2026•
1 min read
UK Housebuilders Rally as Government Confirms New Equity Loan Scheme
Key Facts
1UK housebuilders surged after the government confirmed plans for a new equity-loan program for first-time buyers.
2Barratt Redrow shares jumped approximately 14% to 353p following the government announcement.
UK housebuilders surged after the government confirmed plans for a new equity-loan program for first-time buyers. Barratt Redrow shares jumped approximately 15% to 353p on September 28, 2026, while Persimmon shares rose nearly 16% following the disclosure of a 2.5% deposit requirement plan.
The "Your First Home" scheme aims to assist prospective buyers in overcoming deposit barriers, with pre-registration expected to open before the end of 2026. According to Proactive Investors, the industry saw significant gains as developers prepare for the full details of the initiative to be confirmed in next month's Budget.