Berkeley Urges Property Tax Cuts as Buyers Stay Cautious

UK homebuilder Berkeley urges property tax cuts as buyers stay cautious

Berkeley urges property tax cuts as buyers stay cautious

UK homebuilder Berkeley Group has today urged the government to cut property taxes as cautious buyers keep housing demand subdued in the run-up to October's budget.

Buyers set to delay moves until after the Budget, says housebuilder

Berkeley Group said 'far more tax revenue is being lost through depressed activity than is being gained through SDLT on new build homes as set out by HMRC's own assessment'.

UK Homebuyers Face a Nervous Wait as the Budget Could Change the Market

Berkeley says some buyers are delaying transactions until after the October Budget.The housebuilder says political uncertainty and the wider economic environment have weakened buyer confidence.Berkeley is calling for an urgent reform of stamp duty as the government pursues its target of building 300,000 new homes a year.Britain’s housing market is entering the autumn with an unusual obstacle: some buyers are choosing to wait rather than complete…

Berkeley urges Govt to reduce property tax

UK ‌housebuilder Berkeley Group is urging the government to cut property taxes as cautious buyers keep housing demand subdued in the run-up to October's

Berkeley reiterates profit plan as housing market caution persists

Berkeley Group said cautious buyers and a weaker economic backdrop continued to weigh on the housing market, but that it remained on track with its four-year profit plan. It’s a familiar story for housebuilding investors and one that underscores the near-term uncertainty in the UK property market. The London-focused housebuilder said sentiment had been dented […]