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Story summary
- Shares in U.K. house builders fell.
- Barratt Developments and Redrow reported lower earnings and cut dividends.
- MJ Gleeson warned of regulatory and tax pressures.
- Barratt Developments maintains guidance to sell between 17,200 and 17,800 homes this financial year.
- Some developers remain optimistic as home loan costs decline and planning reforms are anticipated.
