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The Independent UK
The Independent UK
Business
Henry Saker-Clark

UK housebuilder urges Andy Burnham to slash stamp duty to boost housing market

Bellway Housing Market Andy Burnham Jason Honeyman

Residential developer Bellway has urged the Government to introduce an immediate cut to stamp duty to help kickstart a recovery across the UK property market.

The appeal comes as the FTSE 250 business warned that short-term demand remains "uncertain" due to persistent building cost inflation and widespread consumer caution.

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