{"id":147030,"date":"2024-09-12T11:00:14","date_gmt":"2024-09-12T04:00:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surge-in-larger-homes-for-sale-amid-capital-gains-tax-fears-rightmove-says\/"},"modified":"2024-09-12T19:53:23","modified_gmt":"2024-09-12T12:53:23","slug":"surge-in-larger-homes-for-sale-amid-capital-gains-tax-fears-rightmove-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surge-in-larger-homes-for-sale-amid-capital-gains-tax-fears-rightmove-says\/","title":{"rendered":"Surge in larger homes for sale amid capital gains tax fears, Rightmove says"},"content":{"rendered":"<p>&#013;<br \/>\nSpeculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing outGrowing speculation about a capital gains tax (CGT) raid in October\u2019s budget appears to have prompted a surge in the number of larger homes being put up for sale, the UK\u2019s biggest property website says.Rightmove said in the week ending 9 September there had been \u201ca flurry of activity at the top end\u201d of the market. The number of larger homes \u2013 defined as four-bedroom detached houses and all five-bedroom and larger properties \u2013 being listed for sale in Great Britain was 15% more than in the same period last year. And in the east and south-west of England, which include some of the UK\u2019s most popular coastal and countryside hotspots, the percentage was over 20%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2024\/sep\/12\/surge-in-larger-homes-for-sale-amid-capital-gains-tax-fears-rightmove-says\" target=\"_blank\" rel=\"noopener\">Surge in larger homes for sale amid capital gains tax fears, Rightmove says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing&#46;&#46;&#46;<\/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-147030","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-Cfs","jetpack-related-posts":[{"id":147408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-landlords-rush-to-sell-amid-fears-of-capital-gains-tax-rise-in-budget\/","url_meta":{"origin":147030,"position":0},"title":"UK landlords rush to sell amid fears of capital gains tax rise in budget","date":"October 16, 2024","format":false,"excerpt":"\r Rightmove says record 18% of homes for sale in September had previously been rented outLandlords in the UK appear to be selling up in record numbers, according to property website Rightmove, possibly driven by fears of a rise in capital gains tax (CGT) in this month\u2019s budget.Figures from the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reeves-to-leave-capital-gains-tax-on-property-untouched-reports-say\/","url_meta":{"origin":147030,"position":1},"title":"Reeves to leave capital gains tax on property untouched, reports say","date":"October 17, 2024","format":false,"excerpt":"\r Fears among landlords and second home owners that tax would rise in budget said to be unfoundedUK politics live \u2013 latest updatesMillionaire business owners urge Reeves to raise \u00a314bn from rise in capital gains taxRachel Reeves will not change the rate of capital gains tax on the sale of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117948,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-an-idea-that-could-earn-the-government-400bn-in-25-years-nils-pratley\/","url_meta":{"origin":147030,"position":2},"title":"Here&#039;s an idea that could earn the government \u00a3400bn in 25 years | Nils Pratley","date":"July 24, 2020","format":false,"excerpt":"\r A capital gains tax on primary residence \u2013 it may be politically toxic but has the virtue of fairnessThe UK\u2019s public finances are \u201con an unsustainable path\u201d, the Office for Budget Responsibility said last week. Since it has been saying as much for years, even before Covid-19 provoked a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135847,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-capital-gains-tax-apply-if-a-sale-of-a-buy-to-let-property-is-used-to-purchase-another\/","url_meta":{"origin":147030,"position":3},"title":"Will capital gains tax apply if a sale of a buy-to-let property is used to purchase another?","date":"April 10, 2023","format":false,"excerpt":"\r The proceeds for the first house would be fully used as a deposit for the larger second oneQ I own a buy-to-let property and am considering selling it to fund the purchase of a larger buy-to-let investment property. In essence, I would be moving the investment from property one\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/keir-starmer-promises-no-capital-gains-tax-on-sales-of-homes\/","url_meta":{"origin":147030,"position":4},"title":"Keir Starmer promises no capital gains tax on sales of homes","date":"June 15, 2024","format":false,"excerpt":"\r Labour leader rejects \u2018desperate\u2019 claim from Tory party that he has secret property tax plansGeneral election live \u2013 latest news updatesKeir Starmer has ruled out imposing capital gains tax on the sale of people\u2019s homes and said it was \u201cdesperate\u201d tactics from the Tories to suggest that he would.The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-sale-of-eight-auckland-mansions-last-year-could-alone-have-netted-24m-in-capital-gains-tax\/","url_meta":{"origin":147030,"position":5},"title":"The sale of eight Auckland mansions last year could alone have netted $24m in capital gains tax","date":"February 23, 2019","format":false,"excerpt":"\r The sales of eight of New Zealand's most expensive homes could have last year netted the Government $24.6 million under a capital gains tax.The Herald on Sunday calculations come as the Government considers introducing a capital...\r \r Source : nzherald.co.nz\/Property\r Read more...The sale of eight Auckland mansions last year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147030"}],"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=147030"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147030\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}