Cut stamp duty now - and bring back Help to Buy to revive housing market, says Bellway boss

Bellway's boss Jason Honeyman said more needed to be done for first-time buyers struggling to afford new homes as the near-term outlook remained 'uncertain'.

HOUSEBUILDING giant Bellway has demanded the Government slash stamp duty to rescue Britain's struggling property market. The FTSE 250 firm warned that demand for new homes remains "uncertain" as buyers continue to be battered by sky-high mortgage rates and squeezed household budgets. Newcastle-based Bellway is one of s

Cut stamp stamp duty and bring back Help to Buy, urges housing boss  The Times

Burnham previously vowed his government would oversee the ‘biggest council house building programme since the post-war period’

It came as the FTSE 250 firm warned that demand is ‘uncertain’ in the short term.

It came as the FTSE 250 firm warned that demand is ‘uncertain’ in the short term.

Housebuilder Bellway has called on the government to slash stamp duty immediately and roll out a first-time buyer scheme to revive Britain’s flagging housing industry. The FTSE 250 firm said on Tuesday that housing demand has been hammered by last year’s pre-Budget speculation and the recent rising mortgage rates trigg