{"id":115762,"date":"2020-04-21T17:30:14","date_gmt":"2020-04-21T10:30:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-lockdown-to-cost-uks-housing-market-us18-billion-in-lost-sales\/"},"modified":"2020-04-21T18:10:38","modified_gmt":"2020-04-21T11:10:38","slug":"covid-19-lockdown-to-cost-uks-housing-market-us18-billion-in-lost-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-lockdown-to-cost-uks-housing-market-us18-billion-in-lost-sales\/","title":{"rendered":"Covid-19 lockdown to cost UK\u2019s housing market US$18 billion in lost sales"},"content":{"rendered":"


\nThe coronavirus-induced lockdown in the UK is expected to cost the country\u2019s housing market and associated businesses an estimated \u00a314.3 billion (US$17.8 billion) in lost revenue this year, according to Knight Frank. The UK was initially placed on a three-week lockdown from March 23, but that has been extended for at least three more weeks as the British government takes steps to contain the Covid-19 outbreak that has affected 126,000 people and claimed 16,500 lives as of Tuesday. The\u2026
\n
\nSource : South China Morning Post
\nRead more…Covid-19 lockdown to cost UK\u2019s housing market US billion in lost sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The coronavirus-induced lockdown in the UK is expected to cost the country\u2019s housing market and...<\/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-115762","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-u78","jetpack-related-posts":[{"id":146393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/disused-lloyds-office-sites-to-be-converted-into-social-housing\/","url_meta":{"origin":115762,"position":0},"title":"Disused Lloyds office sites to be converted into social housing","date":"July 15, 2024","format":false,"excerpt":"\r Exclusive: Bank launches project by selling Pudsey site as CEO says Labour\u2019s commitment to sector is \u2018clearer\u2019 than last government\u2019sLloyds Banking Group will start converting its disused office sites into social housing, as the UK\u2019s largest mortgage provider lays the groundwork for a fresh housebuilding boom after Labour\u2019s election\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116183,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-garden-centres-prepare-for-sales-surge-to-end-lockdown-disaster\/","url_meta":{"origin":115762,"position":1},"title":"UK garden centres prepare for sales surge to end lockdown disaster","date":"May 9, 2020","format":false,"excerpt":"\r Welsh plan to reopen stores offers hope for UK-wide industry closed in prime sales seasonGarden centres are preparing for a massive surge in plant and flower sales that could help salvage a catastrophic year for the horticulture industry.The UK\u2019s 2,000 garden centres and nurseries were forced to close in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-france-housing-market-during-lockdown\/","url_meta":{"origin":115762,"position":2},"title":"Covid-19 France – Housing Market During Lockdown","date":"November 2, 2020","format":false,"excerpt":"\r With France now in lockdown, what are the rules in place concerning housing market activity?\r \r Source : french-property.com\r Read more...Covid-19 France - Housing Market During Lockdown","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-sales-rise-since-the-covid-19-boom-as-lower-mortgage-rates-spur-activity\/","url_meta":{"origin":115762,"position":3},"title":"UK house sales rise since the Covid-19 boom as lower mortgage rates spur activity","date":"October 3, 2024","format":false,"excerpt":"\r Lower mortgage rates are sparking an uptick in the U.K. housing market, with home sales rising last month at the fastest pace since the post-lockdown boom, new data shows.\r \r Source : cnbc.com\r Read more...UK house sales rise since the Covid-19 boom as lower mortgage rates spur activity","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-lockdown-uncertainty-sweeps-over-housing-market\/","url_meta":{"origin":115762,"position":4},"title":"Covid-19 coronavirus lockdown: Uncertainty sweeps over housing market","date":"March 23, 2020","format":false,"excerpt":"\r Worried home owners are flooding mortgage brokers with calls for help as a wave of uncertainty sweeps the country's housing market.It comes as New Zealand is about to enter a strict new lockdown in which all non-essential businesses...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid-19 coronavirus lockdown: Uncertainty sweeps over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/which-global-housing-markets-offer-investors-bang-for-their-buck-after-covid-19\/","url_meta":{"origin":115762,"position":5},"title":"Which global housing markets offer investors bang for their buck after Covid-19?","date":"August 11, 2020","format":false,"excerpt":"\r With global housing markets roiled by the Covid-19 pandemic, investors are weighing options in key residential hubs.\r\rOne market on the radar is London. The United Kingdom\u2019s capital entered the coronavirus-induced lockdown in a strong position. Last December\u2019s election gave confidence to investors for the first time in several years.\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\/115762"}],"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=115762"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115762\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}