Bellway is a UK housebuilder facing a pressured housing market; calls for immediate stamp duty relief amid demand uncertainty and faces a CMA antitrust inquiry over price practices.
Bellway confirms a slower housing market as mortgage costs rise and materials fees climb, with full-year home completions and profits forecast to beat last year despite ongoing geopolitical turbulence in the Middle East and domestic political uncertainty.
Zoopla finds a widening gap between house and flat prices since 2016, with houses up 43% and flats 10%, widening the house-to-flat ratio from 1.3x to 1.7x. Regional disparities are strongest in the Midlands and North, while Scotland remains stable. London shows a different pattern, with slower price growth.
Britain’s biggest housebuilders are facing a multibillion-pound class-action lawsuit after accusations they colluded on pricing, harming more than 700,000 buyers of new-build homes between 2015 and 2026. The claim seeks up to £4.5bn in compensation, with per-home payments estimated at £3,100-£6,200. The Competition Appeal Tribunal must approve the case before it proceeds.