{"id":72643,"date":"2017-11-23T14:00:23","date_gmt":"2017-11-23T07:00:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-obr-quickly-spoiled-hammonds-housing-help-lines\/"},"modified":"2017-11-23T14:03:44","modified_gmt":"2017-11-23T07:03:44","slug":"how-the-obr-quickly-spoiled-hammonds-housing-help-lines","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-obr-quickly-spoiled-hammonds-housing-help-lines\/","title":{"rendered":"How the OBR quickly spoiled Hammond's housing help lines"},"content":{"rendered":"


\nThe 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 \u2013 lasted about five minutes. The Office for Budget Responsibility quickly pointed out that this supposed giveaway will increase house prices. The winners will be people who already own a house, not those trying to enter the market.Philip Hammond might counter that first-time buyers, by saving up to \u00a35,000 in stamp duty, will be able to save more money for a deposit. Yes, but the numbers won\u2019t impress outside London. Continue reading…
\n
\nSource : theguardian.com
\nRead more…How the OBR quickly spoiled Hammond’s housing help lines<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The new stamp duty threshold doesn\u2019t look so good outside London and as for the...<\/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-72643","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-iTF","jetpack-related-posts":[{"id":72569,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-budget-obr-says-stamp-duty-reform-wont-help-first-time-buyers\/","url_meta":{"origin":72643,"position":0},"title":"UK Budget: OBR says stamp duty reform won\u2019t help first-time buyers","date":"November 22, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...UK Budget: OBR says stamp duty reform won\u2019t help first-time buyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-cut-fails-to-help-first-time-buyers-business-live\/","url_meta":{"origin":72643,"position":1},"title":"Stamp duty cut fails to help first-time buyers – business live","date":"January 18, 2018","format":false,"excerpt":"\r Chancellor Philip Hammond\u2019s attempt to help first-time buyers onto the housing ladder isn\u2019t working, says Britain\u2019s chartered surveyorsRICS: Stamp duty cut for first-time buyers hasn\u2019t helpedBut London surveyors are more hopeful 9.04am GMT Ouch! Britain\u2019s largest estate agency has issued an unexpected profits warning, sending it shares slumping.Countrywide, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-2017-hammond-hits-back-at-critics-of-stamp-duty-giveaway\/","url_meta":{"origin":72643,"position":2},"title":"Budget 2017: Hammond hits back at critics of stamp duty giveaway","date":"November 23, 2017","format":false,"excerpt":"\r OBR warns that policy will benefit homeowners more than first-time buyers\r \r Source : ft.com\r Read more...Budget 2017: Hammond hits back at critics of stamp duty giveaway","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forget-stamp-duty-we-need-a-pay-rise-people-respond-to-the-budget\/","url_meta":{"origin":72643,"position":3},"title":"'Forget stamp duty, we need a pay rise' \u2013 people respond to the budget","date":"November 22, 2017","format":false,"excerpt":"\r How did Philip Hammond\u2019s budget affect you? The Guardian talks to families, workers and businesses across BritainWith a newborn baby and a 14-month-old son to support on an annual income of less than \u00a320,000, police community support officer Laurence Ridge, 21, was hoping for better news in the budget.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/autumn-budget-2017-a-sneak-peak-inside-the-chancellors-red-box\/","url_meta":{"origin":72643,"position":4},"title":"Autumn budget 2017: a sneak peak inside the chancellor\u2019s red box \u2026","date":"November 18, 2017","format":false,"excerpt":"\r A cut in stamp duty for first-time buyers? Lower student loan interest rates? Out with the winter fuel allowance? We look at next week\u2019s likely announcementsDon\u2019t expect much in the way of fireworks when the chancellor reveals his second budget on Wednesday lunchtime. Philip Hammond\u2019s hands are manacled by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80971,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-stamp-duty-hike-unlikely-to-hinder-housing-market-recovery\/","url_meta":{"origin":72643,"position":5},"title":"Buyer\u2019s stamp duty hike unlikely to hinder housing market recovery","date":"February 26, 2018","format":false,"excerpt":"\r REDAS President Augustine Tan. The Real Estate Developers\u2019 Association of Singapore (REDAS) believes that the hike in buyer\u2019s stamp duty (BSD) is unlikely to jeopardise the recovery of the city-state\u2019s private housing market, reported the Business Times. \u201cThe property market is in the early stages of a recovery and\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\/72643"}],"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=72643"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72643\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=72643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=72643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=72643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}