Barrat sales hit by market uncertainty

British housebuilder Barratt Developments today reported a weaker-than-expected autumn selling season after customers took longer to commit to house purchases.

In line with other firms, Barratt said reservations per active site fell to 0.45 a week in the period since the start of July, compared with 0.55 in 2009 as confidence dwindled in the run-up to the government’s spending review.