Shares in housebuilders have risen today on the back of a surprise increase in house prices.
The Nationwide survey showed a 0.9% uplift in house prices in March, the first gain since October 2007.
Taylor Wimpey shares were given an additional boost by a report that it has agreed with a group of its main creditors to restructure its debt.
Shares in the company, which have lost over 85% of their value over the past 12 months amid fears over its £1.55bn debt, jumped more than 21% to 28.44p.
Barratt Developments gained more than 18% to 105.25p, while Redrow was up almost 17% to 177.75p and Persimmon rose by more than 11% to 401.75p.
The FTSE 100 continued to ride high – up 121.14 points at 4076.75, having earlier hit a high of 4095.75.
The blue-chip index of London's leading companies is above the 4000 mark for the first time for six weeks.
