PM told to ‘act now’ and slash stamp duty to save the housing market from crippling mortgage rates

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.

Ian Waldie/Getty Images The Reserve Bank of Australia has left the cash rate unchanged at 4.35% as it assesses whether the three interest rate rises delivered earlier this year are doing enough to slow the economy and bring inflation back under control. The RBA faces a difficult balancing act. Inflation remains too hig

Those in the province who are house hunting this summer are likely having a tough time thanks to current trends.

Britain's housing market saw momentum slow in July, with prices remaining flat. Higher mortgage rates and economic uncertainty are impacting buyer demand significantly. Northern Ireland and Scotland recorded the strongest annual price growth across the country. Southern regions experienced price declines, widening the