Berkeley Calls for ‘Urgent’ Stamp Duty Reform to Meet Housebuilding Targets
Berkeley says a 1% stamp duty cap would support first-time buyers and downsizers as it seeks to lift demand and meet housing targets.
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9 Articles
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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 urges stamp duty reform to meet home targets
Housebuilder Berkeley Group has urged the Government to cap stamp duty for first-time buyers and downsizing homeowners to support property demand. The FTSE 250 company said “urgent reform” was needed to help meet a Westminster target of 300,000 new homes each year. It specifically called for a one per cent stamp duty…
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