Housebuilder Redrow has said it will resume work on selected sites as the steady start to 2009 continues

In a trading update this week, the firm said: 鈥淲ith sales volumes in the housing market seeming to have stabilised, we are recommencing construction on certain developments and starting new sites from our existing landbank.鈥� Net debt is about 拢235m, which Redrow said was well within its facilities of 拢425m, and should fall to 拢225m by the end of June.

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