The Aporia
The Aporia
Saker-Clark, H. (2026, September 11). Berkeley calls for ‘urgent’ stamp duty reform to meet housebuilding targets. Evening Standard. https://www.standard.co.uk/business/business-news/berkeley-budget-government-berkeley-group-middle-east-b1296597.html
Saker-Clark, Henry. “Berkeley calls for ‘urgent’ stamp duty reform to meet housebuilding targets.” Evening Standard, 11 Sept. 2026, https://www.standard.co.uk/business/business-news/berkeley-budget-government-berkeley-group-middle-east-b1296597.html.
Saker-Clark, Henry. “Berkeley calls for ‘urgent’ stamp duty reform to meet housebuilding targets.” Evening Standard, September 11, 2026. https://www.standard.co.uk/business/business-news/berkeley-budget-government-berkeley-group-middle-east-b1296597.html.
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Berkeley, a UK-based housebuilder, is calling for urgent reform of stamp duty rules to meet the government's target of building 300,000 new homes each year. The company says that without changes to the current stamp duty regime, which was introduced when interest rates were 0.25%, it will be difficult to reach this goal and address the cost-of-living crisis by making homes more affordable. Despite receiving good levels of inquiries, Berkeley expects its pre-tax profits to skew towards the first half of the year due to customer caution in committing to purchases amid market uncertainty. The company notes that it is encouraged by the government's recognition of the importance of homebuilding and their ambition to build 1.5 million homes by 2029, but believes reforming stamp duty rules is necessary to drive high levels of housebuilding.
