{"id":115574,"date":"2020-04-13T13:00:05","date_gmt":"2020-04-13T06:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-flat-sale-has-been-delayed-by-the-governments-freeze-on-the-market\/"},"modified":"2020-04-13T13:04:48","modified_gmt":"2020-04-13T06:04:48","slug":"my-flat-sale-has-been-delayed-by-the-governments-freeze-on-the-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-flat-sale-has-been-delayed-by-the-governments-freeze-on-the-market\/","title":{"rendered":"My flat sale has been delayed by the government's freeze on the market"},"content":{"rendered":"


\nEverything was ready to go, but the buyer wants to delay because of the coronavirus adviceQ This is an awfully privileged question and I\u2019m sure many will view my situation with glee. I am an \u201caccidental\u201d landlord. In order to be chain free when buying a home with my husband, I decided not to sell my small flat which I have rented out for the past few years.I put the flat on the market in January with a view to selling before the end of the tax year to avoid the huge rise in capital gains tax that I will have to pay when the allowance disappears. However, due to the government clampdown on transactions I have now missed the deadline to exchange before 6 April. Everything was ready but, quite fairly, the buyer wanted to wait as per government advice. (My property is empty as my tenants moved out to make way for the buyer.) So I am now stuck with the mortgage to pay, the council tax and a bigger tax bill if the sale eventually goes through. Continue reading…
\n
\nSource : theguardian.com
\nRead more…My flat sale has been delayed by the government’s freeze on the market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Everything was ready to go, but the buyer wants to delay because of the coronavirus...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115574","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-u46","jetpack-related-posts":[{"id":129830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-we-buy-a-flat-for-our-son-in-my-wifes-name-would-she-be-deemed-a-first-time-buyer\/","url_meta":{"origin":115574,"position":0},"title":"If we buy a flat for our son in my wife\u2019s name would she be deemed a first-time buyer?","date":"September 19, 2022","format":false,"excerpt":"\r I have two houses in my name, so wonder whether including me on a joint mortgage affects stamp dutyQ As our son will go to university next year, we are considering buying a flat or property in the city where the university is for him to live in. We\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-are-the-tax-and-mortgage-implications-if-i-buy-a-flat-with-my-son\/","url_meta":{"origin":115574,"position":1},"title":"What are the tax and mortgage implications if I buy a flat with my son?","date":"August 23, 2021","format":false,"excerpt":"\r I would pay a \u00a3100,000 deposit and want to own two-fifths and leave my share to him in my willQ My 30-year-old son is paying so much in rent that he is struggling to save a big enough deposit to buy his first flat. I have some spare cash\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-son-get-first-time-buyer-stamp-duty-relief-if-we-get-a-joint-mortgage\/","url_meta":{"origin":115574,"position":2},"title":"Will my son get first-time buyer stamp duty relief if we get a joint mortgage?","date":"November 27, 2017","format":false,"excerpt":"\r We don\u2019t know how two buyers of different status affect the applicationQ I own the house I live in and want to help my son buy a flat. If we get a joint mortgage, what rate of stamp duty will apply given that he doesn\u2019t currently have a property?\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-billionaire-revealed-as-buyer-for-asias-third-most-expensive-flat-at-exclusive-mount-nicholson\/","url_meta":{"origin":115574,"position":3},"title":"Mainland billionaire revealed as buyer for Asia\u2019s third most expensive flat, at exclusive Mount Nicholson","date":"December 20, 2017","format":false,"excerpt":"\r Mainland Chinese decoration billionaire Xhu Xingliang from Suzhou is the likely owner of Asia\u2019s third most expensive flat, located at the exclusive Mount Nicholson development on The Peak. Xhu was revealed as the buyer of the 4,266 square foot flat on the 10th floor at the Mount Nicholson phase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-should-jail-those-who-abuse-first-time-flat-buyer-entitlements\/","url_meta":{"origin":115574,"position":4},"title":"Hong Kong should jail those who abuse first-time flat buyer entitlements","date":"June 6, 2017","format":false,"excerpt":"\r Hong Kong Financial Secretary Paul Chan Mo-po recently reminded everyone in his blog that it is a criminal offence to split residential property purchases by using other people\u2019s entitlements or to let others use one\u2019s own first-time buyer entitlement, through private arrangements, to work around the new stamp duty\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealthy-buyer-snaps-up-unfinished-flat-next-to-buckingham-palace-for-20m\/","url_meta":{"origin":115574,"position":5},"title":"Wealthy buyer snaps up unfinished flat next to Buckingham Palace for \u00a320m","date":"November 27, 2015","format":false,"excerpt":"\r Development for \u2018those who desire the best\u2019 on Palace Street in London due to be completed in 2018A mystery buyer has paid \u00a320m to be the Queen\u2019s next-door neighbour, snapping up a luxury flat overlooking Buckingham Palace. In a sign that the high-end London property market is as strong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115574"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115574"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115574\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}