{"id":136088,"date":"2023-04-26T18:25:23","date_gmt":"2023-04-26T11:25:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-warns-first-time-buyers-struggling-to-afford-new-homes-in-uk\/"},"modified":"2023-04-26T18:28:30","modified_gmt":"2023-04-26T11:28:30","slug":"persimmon-warns-first-time-buyers-struggling-to-afford-new-homes-in-uk","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-warns-first-time-buyers-struggling-to-afford-new-homes-in-uk\/","title":{"rendered":"Persimmon warns first-time buyers struggling to afford new homes in UK"},"content":{"rendered":"


\nHigher mortgage rates and less loan choice hitting sales to people trying to buy first property, says developerSales of new homes to first-time buyers are struggling, according to housebuilder Persimmon, as higher interest rates make mortgages less affordable.The company, which is one of the UK\u2019s largest domestic property developers, said people looking to get on the housing ladder were facing \u201cstretched affordability\u201d and less choice on home loans. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Persimmon warns first-time buyers struggling to afford new homes in UK<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Higher mortgage rates and less loan choice hitting sales to people trying to buy first...<\/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-136088","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-zoY","jetpack-related-posts":[{"id":102982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-expects-higher-profits-as-help-to-buy-props-up-prices\/","url_meta":{"origin":136088,"position":0},"title":"Persimmon expects higher profits as help-to-buy props up prices","date":"January 15, 2019","format":false,"excerpt":"\r Housebuilder is one of the biggest beneficiaries of the taxpayer-funded schemePersimmon has upgraded its profit forecast after building more homes and increasing its prices, with the support of the government\u2019s help-to-buy scheme.Britain\u2019s second-biggest housebuilder reported a 4% rise in revenues to \u00a33.74bn in 2018, after completing 406 more homes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-defies-election-jitters-and-economic-uncertainty-with-high-demand-from-first-time-buyers\/","url_meta":{"origin":136088,"position":1},"title":"Persimmon defies election jitters and economic uncertainty with high demand from first-time buyers","date":"July 5, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Persimmon defies election jitters and economic uncertainty with high demand from first-time buyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124227,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-reports-bumper-year-amid-uk-housing-market-boom\/","url_meta":{"origin":136088,"position":2},"title":"Persimmon reports bumper year amid UK housing market boom","date":"January 13, 2022","format":false,"excerpt":"\r Housebuilder reports weekly sales up 20% on pre-Covid levels Persimmon has reported a bumper year with weekly sales up a fifth in the second half of 2021 compared with pre-pandemic levels thanks to a booming housing market driven by cheap mortgage deals and a stamp duty holiday.The UK\u2019s biggest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-reports-sales-and-price-fall-as-uk-property-market-dips\/","url_meta":{"origin":136088,"position":3},"title":"Persimmon reports sales and price fall as UK property market dips","date":"November 8, 2022","format":false,"excerpt":"\r Housebuilder says cancellation rate has risen sharply because of interest rates and economic uncertaintySales and prices of new-build houses have fallen and cancellation rates have risen in recent weeks at Persimmon, in further evidence the property market is entering a downturn.The company, one of Britain\u2019s biggest housebuilders, said demand\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/take-care-when-buying-a-new-build-house\/","url_meta":{"origin":136088,"position":4},"title":"Take care when buying a new-build house","date":"March 28, 2007","format":false,"excerpt":"\r Many people prefer brand new homes, but beware the many \"snags\" of buying off-plan, warns Peter DavyFor an increasing number of people, second-hand homes are no longer the way to go. Buyers are instead opting for a house in a brand new development.More than 185,000 houses were built last\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76104,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-says-profits-will-beat-forecasts-as-it-gives-chief-110m-bonus\/","url_meta":{"origin":136088,"position":5},"title":"Persimmon says profits will beat forecasts as it gives chief \u00a3110m bonus","date":"January 9, 2018","format":false,"excerpt":"\r Housebuilder reports rising demand as row rages over scheme that could see its top 150 employees sharing \u00a3500m payoutPersimmon, the housebuilder which is paying its chief executive a \u00a3110m bonus, has said its 2017 profits will be higher than expected due to the government\u2019s cut in stamp duty for\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\/136088"}],"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=136088"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}