News · 11 August 2026

Housebuilder Bellway urges government to cut stamp duty now

Residential developer Bellway advocates for an immediate reduction in stamp duty to stimulate the UK property market. The Newcastle-based firm warned on Tuesday that demand remains "uncertain" due to high mortgage rates and building cost inflation. Bellway chief executive Jason Honeyman said swift policy changes are needed to help first-time buyers and boost new home delivery.

By BriefTea Editorial · 11 August 2026 at 12:48

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