DEVELOPERS in York are confident they can deal with any changes that may affect them as a result of Britain's historic vote to leave the European Union.

York-based housebuilder Persimmon Homes and Barratt Developments, which has a divisional office in York, say they are determined and prepared to continue building new homes, regardless of how the industry is affected.

A spokesman for Persimmon said: “Negotiating Britain’s exit from the European Union could be a long and complex process and it is difficult to predict how and over what timetable this process will evolve. Against this background, Persimmon has a strong balance sheet and a clear strategy, and we remain focused on building the new homes around the country that Britain needs.”

David Thomas, chief executive of Barratt Developments, said: “We have prepared for this eventuality and whilst we recognise there will be a period of uncertainty as the UK’s exit is negotiated, the strong fundamentals of our business are unchanged. There is a structural undersupply of quality homes in the UK, and we have a clear strategy to address this, supported by a strong balance sheet to execute our growth plans.

"We are confident our business can respond to the changing landscape and we remain focussed on driving it forward.”