Bellway calls for stamp duty cut amid weak demand and higher costs
UKPulse Property Desk
Housebuilder Bellway has urged the Government to cut stamp duty to stimulate the housing market, citing weak demand and increased costs.
- Housebuilder Bellway is calling for a cut to stamp duty.
- The company has flagged weak demand in the housing market.
- Bellway also noted higher costs impacting the market.
Housebuilder Bellway has joined other developers in advocating for a reduction in stamp duty. The company has urged the Government to implement cuts to help boost the housing market.
Bellway highlighted that the market is currently experiencing weak demand and is also facing challenges from higher costs.