Builders Persimmon and MJ Gleeson will ramp up their operations after the Government eased restrictions on moving home earlier this week.
Housebuilder Persimmon has not seen a big drop in house prices during lockdown, but its forward sales have taken a hit, the company revealed on Wednesday.
Another of Britain’s biggest housebuilders has announced plans to reopen its building sites in May, after a pause to limit the spread of coronavirus.
Lingering uncertainty put a dampener on the end of the week in global markets as European politicians remained split over a potential rescue package.
Housebuilder Persimmon is to restart operations on its sites as construction firms return to work in the face of the coronavirus pandemic.
The top brass at housebuilder Barratt Developments have agreed to take a 20% pay cut and forgo next year’s pay rises while protecting the salaries of furloughed staff for at least another two months.
Top bosses at Taylor Wimpey will not get their added rewards this year after the company closed all of its construction sites.
Housebuilders dragged markets lower on Friday as the property market looks set to dry up during the key spring selling season.
Housebuilders Bellway and Persimmon are shutting construction sites despite being allowed to stay open amid the lockdown as demand from new buyers plummets.