{"id":72557,"date":"2017-11-22T21:17:38","date_gmt":"2017-11-22T14:17:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-cut-for-first-time-buyers-hopes-to-fix-housing-market\/"},"modified":"2017-11-22T22:03:20","modified_gmt":"2017-11-22T15:03:20","slug":"stamp-duty-cut-for-first-time-buyers-hopes-to-fix-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-cut-for-first-time-buyers-hopes-to-fix-housing-market\/","title":{"rendered":"Stamp duty cut for first-time buyers hopes to fix housing market"},"content":{"rendered":"


\nChancellor more than doubles the tax threshold to \u00a3300,000 in his budget, effectively exempting 80% of all new buyers Scrapping stamp duty for four out of five first-time buyers was part of a package of measures designed to fix the housing market announced by the chancellor, Philip Hammond. With effect from today, first-time buyers in England, Wales and Northern Ireland spending up to \u00a3300,000 on a property will no longer pay the tax, while those paying up to \u00a3500,000 will only be charged on the part of their purchase over the new threshold. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Stamp duty cut for first-time buyers hopes to fix housing market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chancellor more than doubles the tax threshold to \u00a3300,000 in his budget, effectively exempting 80%...<\/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-72557","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-iSh","jetpack-related-posts":[{"id":145548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-for-first-time-buyers-would-rise-in-2025-under-labour-government\/","url_meta":{"origin":72557,"position":0},"title":"Stamp duty for first-time buyers would rise in 2025 under Labour government","date":"June 28, 2024","format":false,"excerpt":"\r Party says it would allow threshold for stamp duty to fall back to \u00a3300,000 after it was raised temporarily in 2022UK election live \u2013 latest updatesStamp duty will rise for first-time buyers next year if Labour wins the election, the party has confirmed, as it plans to allow a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/philip-hammond-stamp-duty-axe-is-incentive-to-save-house-deposit\/","url_meta":{"origin":72557,"position":1},"title":"Philip Hammond: stamp duty axe is incentive to save house deposit","date":"November 23, 2017","format":false,"excerpt":"\r Chancellor says criticism that his flagship policy will merely raise house prices overlooks his plan to build more homesPhilip Hammond has defended his flagship housing policy against criticism it will raise house prices and said that abolishing stamp duty for first-time buyers would create an incentive to save a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-holiday-may-revive-housing-market-say-experts\/","url_meta":{"origin":72557,"position":2},"title":"Stamp duty holiday may revive housing market, say experts","date":"July 9, 2020","format":false,"excerpt":"\r Summer statement raises hopes for flurry of fresh buyers entering property sectorCoronavirus \u2013 latest updatesSee all our coronavirus coverageThe suspension of stamp duty on property sales of up to \u00a3500,000 in England and Northern Ireland will revive the housing market, according to industry experts, as buyers and sellers emerge\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-kwartengs-stamp-duty-cut-mean-for-uk-homebuyers\/","url_meta":{"origin":72557,"position":3},"title":"What does Kwarteng\u2019s stamp duty cut mean for UK homebuyers?","date":"September 23, 2022","format":false,"excerpt":"\r As chancellor announces no tax to be paid on properties up to value of \u00a3250,000, we explain changes across UKKwasi Kwarteng\u2019s mini-budget: key points at a glanceLive updates: Kwasi Kwarteng announces mini-budgetThe chancellor, Kwasi Kwarteng, has confirmed a permanent stamp duty cut, with no tax to be paid on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-obr-quickly-spoiled-hammonds-housing-help-lines\/","url_meta":{"origin":72557,"position":4},"title":"How the OBR quickly spoiled Hammond's housing help lines","date":"November 23, 2017","format":false,"excerpt":"\r The new stamp duty threshold doesn\u2019t look so good outside London and as for the \u00a344bn worth of measures? That\u2019s actually \u00a315bn ... spread over five years The excitement over the chancellor\u2019s modest surprise \u2013 the abolition of stamp duty for first-time buyers purchasing properties worth up to \u00a3300,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-2017-hammond-masks-gloomy-outlook-with-stamp-duty-cut\/","url_meta":{"origin":72557,"position":5},"title":"Budget 2017: Hammond masks gloomy outlook with stamp duty cut","date":"November 23, 2017","format":false,"excerpt":"\r Chancellor calls it a \u2018balanced\u2019 budget and uses eye-catching offer to first-time buyers to counter Britain\u2019s deteriorating economic prospectsPhilip Hammond placed a stamp duty cut for first-time buyers at the heart of his budget on Wednesday as he sought to mask Britain\u2019s deteriorating economic prospects by pledging to \u201crevive\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\/72557"}],"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=72557"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72557\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=72557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=72557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=72557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}