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‘Unprecedented’ rise in red tape and costs see Berkeley call halt to buying land

By 2026-04-01T11:37:00

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Shares slump on news as housebuilder says impact of Middle East war, falling consumer confidence and effect of building safety regulations behind announcement

Housebuilder Berkeley has said it is putting the brakes on buying new land and will instead concentrate on its existing 50,000 homes landbank.

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