Redrow Heritage Collection street scene 3.4f5cb259fa0ab72d

Redrow Homes comment regarding Stamp Duty changes

Comment from John Tutte, Group chief executive of Redrow Homes, regarding the changes to the stamp duty system announced by The Chancellor on December 3, 2014:

“We welcome the reform of the stamp duty system, which will make buying a new home more affordable for many of our customers. It’s a change we’ve called for previously on numerous occasions and the new system will be much fairer for the vast majority of homebuyers than the previous tiered approach. For those buying a home around the average UK price of £275,000, savings of £4,500 compared to the old system will make a huge difference, potentially enabling them to put down a larger deposit and secure a better mortgage rate. Together with the Government’s continued commitment to the Help to Buy equity loan scheme it’s another step in the right direction to help more people to get on to or move up the property ladder.”

  Currently celebrating its 40th year, Redrow Homes is one of the UK’s leading house builders, operating across England and Wales, with a strong emphasis on high quality family housing in prime locations. Its Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. The company has won numerous awards over the years, including, most recently, the Gold Award for Best Large Housebuilder at the WhatHouse? Awards 2014, the 2014 Building Awards Housebuilder of the Year and four consecutive 5* awards in the Home Builder Federation (HBF) annual customer satisfaction survey. Redrow also collected the award for best marketing initiative at the 2014 Housebuilder Awards and its ‘My Redrow’ online tool won the overall Customer Engagement category at the 2013 Peer Awards for Excellence.  Web: