Barratt Redrow said a higher tax burden and increased regulation was ‘constraining’ the sector as it trimmed its housebuilding target for the year.
Britain’s biggest housebuilder said Labour’s planning reforms aimed at delivering 1.5million homes ‘will not be enough’, reiterating its calls for more support for first-time buyers.
It came as Barratt, which built 17,667 new homes in the year to June 2026, flagged ‘continuing planning delays’, which Labour promised to tackle as part of its package of reforms.
The housebuilder now expects to complete 17,500 to 17,900 homes this year, down from its previous forecast of between 17,700 to 18,200.
It expects higher mortgage
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