AN uncertain market has left home builder Persimmon with a 14 per cent fall in forward sales.

Persimmon said the year-on-year dip to £603 million reflected weaker confidence in late 2007.

However, it predicted that falling interest rates would boost activity levels ahead of the important spring selling season.

Persimmon added in a trading statement yesterday: "We believe that the underlying fundamentals for our industry remain intact and supportive."