Barratt Redrow warns of budget uncertainty affecting property market

<p>UK housebuilder reports 33% rise in revenue and 26% hike in profits but warns possible tax and duty rises risk unsettling buyers</p><p>Britain’s largest housebuilder Barratt Redrow has warned of a “tough market” and expects little growth in the next 12 months amid uncertainty around property taxes.</p><p>David Thomas, the executive of the company, which was enlarged by <a href="https://www.theguardian.com/business/2024/feb/07/uk-biggest-housebuilder-barratt-to-buy-rival-redrow">Barratt’s £2.5bn acquisition of Redrow</a> last October, cautioned that “the housing market remains challenging and we anticipate limited growth in 2026”.</p> <a href="https://www.theguardian.com/business/2025/sep/17/barratt-redrow-warns-of-budget-uncertainty-affecting-property-market">Continue reading...</a>