UK Housebuilder Stocks Surge on Government's New 'Your First Home' Equity Loan Scheme

UK housebuilders and construction supply stocks surged on Monday after the British government announced a new first-time buyer equity loan program called 'Your First Home'. The initiative enables home purchases with deposits as low as 2.5%, supported by a 20% government-backed equity loan with an initial interest-free period. Major builders including Persimmon, Barratt Redrow, Taylor Wimpey, Vistry, Berkeley Group, and Bellway posted substantial gains ranging from 3% to 23%, lifting the British homebuilders index 16% to its highest level since March 2026.