Three of Britain’s biggest housebuilders have called for Chancellor Jeremy Hunt to cut stamp duty on property purchases in the Spring Budget to ‘unlock’ the UK’s housing supply and boost the economy.

Jennie Daly, head of FTSE 100 builder Taylor Wimpey, said in an exclusive interview with The Mail on Sunday that there was a ‘real case’ for reducing the levy on lower-priced properties and for sellers over the age of 60 who were looking to downsize. The

She said: ’House moves drive the economy. Mobility is fundamentally important for a healthy economy.