Britain’s biggest housebuilders

Cladding tax to cost Britain’s biggest housebuilders £205m a year

The latest research from the real estate debt advisory specialists, Sirius Property Finance , has found that the cladding tax introduced in yesterday’s Budget could cost the nation’s biggest housebuilders £205m a year.

Yesterday the Chancellor confirmed a new Residential Property Developer Tax will be introduced from April next year to ‘ensure that the largest developers make a fair...