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BUZZ-UK housebuilders fall as government threatens to rescind planning permissions

** UK housebuilders lead fallers on FTSE 350 after a report the government could rescind planning permission on unused land

** Developers will lose permission on land they already own if they do not hit construction targets, in a bid to crack down on land-banking, according to The Times. Link: http://bit.ly/2rSAoMH

** Majority of stocks in the sector down by around 2 pct