Berkeley Calls for ‘Urgent’ Stamp Duty Reform to Meet Housebuilding Targets

Berkeley calls for ‘urgent’ stamp duty reform to meet housebuilding targets

The housebuilder said it was ‘mindful’ that some buyers may defer transactions until after the autumn Budget in October.

Stamp duty reform is ‘urgent,’ Berkeley tells Burnham

Berkeley has urged Andy Burnham to commit to “urgent reform” to stamp duty, which it says has become a “binding constraint” on housebuilders and buyers.  The FTSE 250 firm said that stamp duty is to blame for the slump in demand for new homes, because it makes first-time-buying unaffordable and dissuades existing homeowners from moving [...]

Berkeley calls on government to lower stamp duty

Housebuilder says buyers remain cautious and removing ‘binding constraint’ of higher stamp duty would boost market