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Housebuilders sound alarm over year ahead despite easing mortgage rates sparking buyer demand

FTSE 250 developer Crest Nicholson said it was too early to gauge customer behaviour although it has seen an uptick in enquiries.

Watkin Jones well positioned despite pre-tax loss

Watkin Jones well positioned despite pre-tax loss
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Property developers hit by higher interest rates and weak consumer confidence

Crest Nicholson reported turnover slumped by 28 per cent to £657.5million in the 12 months ending October, while its adjusted pre-tax profits plummeted by 70 per cent to £41.4million.

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