Future looks bright for Barratt

Housebuilder Barratt Developments is on course to achieve market expectations for the year to the end of June.

A statement ahead of a presentation in the City to investors and analysts, said that Barratt is also very well placed for the future with strong sales across the country and with the forward sales order book standing at record levels.

It added that the housing market remains sound and recent interest rate increases will help to deliver a sustainable market going forward.