Gleeson anticipates a “weaker” first half, it said today (November 6), as it expressed concern over the long run-up to the government’s equity loan scheme, Your First Home (YFH). Issuing a trading update ahead of its AGM, the housebuilder and strategic land promoter commented that it welcomed YFH and its “significant potential to assist Gleeson’s target demographic of first-time buyers looking to buy a new home at an affordable price”.