Redraw and Berkeley have painted very different pictures of the state of the housing market post-Brexit vote, with Redraw bullish and London-focused Berkeley downbeat. In bumper full-year results posted on Tuesday, Redraw said sales in the 10 weeks since the EU referendum were actually 8% up on a strong period last year. The firm added: "We have seen very little impact as a result of the Brexit vote." In its results for the year to this June, Redraw posted a 23% jump in pre-tax profit to £250m, up from £204m, while revenue increased 20% to £1.38bn, up from £1.15bn. Legal completions rose 17% to 4,716, up from 4,022.
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