Stamp Duty's Stalemate: A Squeeze on UK Housing Market The UK housing market remains stuck in a cycle of stagnation, with even optimistic developers like Bellway warning of an uncertain future.
Newcastle based residential developer Bellway has called for an immediate cut to stamp duty, which could help kickstart a recovery across the sector.
Prime Minister Andy Burnham's vision for a "biggest council house building programme since the post war period" is ambitious, but more needs to be done in the short term.