{"id":129871,"date":"2022-09-21T19:07:44","date_gmt":"2022-09-21T12:07:44","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-stamp-duty-cut-will-benefit-wealthier-and-raise-inflation-say-experts\/"},"modified":"2022-09-21T19:28:50","modified_gmt":"2022-09-21T12:28:50","slug":"uk-stamp-duty-cut-will-benefit-wealthier-and-raise-inflation-say-experts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-stamp-duty-cut-will-benefit-wealthier-and-raise-inflation-say-experts\/","title":{"rendered":"UK stamp duty cut will benefit wealthier and raise inflation, say experts"},"content":{"rendered":"


\nGovernment warned measure would create housing bubble that does little to benefit first-time buyersCuts to stamp duty will hurt first-time buyers and stoke an inflationary bubble in the property market as house prices rise at the fastest rate for almost 20 years, the government has been warned.In the latest report detailing the tax cuts favoured by the prime minister, Liz Truss, the Times said Kwasi Kwarteng, the chancellor, was preparing to launch radical cuts to stamp duty as the \u201crabbit out of the hat\u201d measure in his mini-budget to the House of Commons on Friday. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK stamp duty cut will benefit wealthier and raise inflation, say experts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Government warned measure would create housing bubble that does little to benefit first-time buyersCuts to...<\/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-129871","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-xMH","jetpack-related-posts":[{"id":117988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cut-in-stamp-duty-has-only-really-benefited-london-says-zoopla\/","url_meta":{"origin":129871,"position":0},"title":"Cut in stamp duty has only really benefited London, says Zoopla","date":"July 28, 2020","format":false,"excerpt":"\r Property website says sales jumped by 27% in first two weeks of stamp duty holidayCoronavirus \u2013 latest updatesSee all our coronavirus coverageThe government\u2019s stamp duty cut to reboot Britain\u2019s virus-stricken property market has benefited London most and had little impact elsewhere so far, according to Zoopla.In a reflection of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tell-us-how-would-a-stamp-duty-cut-affect-you\/","url_meta":{"origin":129871,"position":1},"title":"Tell us: how would a stamp duty cut affect you?","date":"September 22, 2022","format":false,"excerpt":"\r We would like to hear from first time buyers and others who would be affected by a cut in the property transaction taxThe government is expected to announce that it will cut stamp duty in order to help offset a potential slowdown in the housing market as interest rates\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-price-inflation-slows-after-stamp-duty-increase\/","url_meta":{"origin":129871,"position":2},"title":"House price inflation slows after stamp duty increase","date":"June 1, 2016","format":false,"excerpt":"\r Monthly increase in May was 0.2%, meaning average price for a home in the UK is now \u00a3204,368, after demand for second homes slumpsHouse price inflation slowed in May to a rate of 4.7% a year as second home buyers and landlords fell out of the market, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121868,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-despite-cut-in-stamp-duty-break\/","url_meta":{"origin":129871,"position":3},"title":"UK house prices hit record high despite cut in stamp duty break","date":"September 7, 2021","format":false,"excerpt":"\r Average prices rose by 0.7% in August to \u00a3262,954, says HalifaxThe average UK house price reached a fresh record high in August while annual inflation cooled to a five-month low, after the partial end of the stamp duty holiday in England and Northern Ireland.Halifax, one of the country\u2019s biggest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-falls-in-july-as-stamp-duty-rush-fades\/","url_meta":{"origin":129871,"position":4},"title":"UK house price growth falls in July as stamp duty rush fades","date":"July 28, 2021","format":false,"excerpt":"\r Price inflation remains in double digits as buyer demand continues\r \r Source : ft.com\r Read more...UK house price growth falls in July as stamp duty rush fades","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-rise-will-not-burst-hk-property-bubble\/","url_meta":{"origin":129871,"position":5},"title":"Stamp duty rise will not burst HK property bubble","date":"November 7, 2016","format":false,"excerpt":"\r City\u2019s biggest house-price problems are low US interest rates and a falling renminbi\r \r Source : ft.com\r Read more...Stamp duty rise will not burst HK property bubble","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\/129871"}],"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=129871"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129871\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}