It is the latest homebuilder to report strong figures off the back of
Help to Buy has stoked demand and pushed up house prices, though some economists believe it is fuelling a pre-election property bubble.
According to official data released this week, mortgage approvals for house purchases rose 57% in January to pounds 8bn - their highest level since the market's pre-crisis peak in
Help to Buy's critics say that it is stoking a bubble and has priced more people out of the market than it has helped. Some also argue that builders' shareholders and executives are the biggest gainers from the taxpayer's backing.
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