{"id":77186,"date":"2018-01-18T16:04:51","date_gmt":"2018-01-18T09:04:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-cut-fails-to-help-first-time-buyers-business-live\/"},"modified":"2018-01-18T16:06:04","modified_gmt":"2018-01-18T09:06:04","slug":"stamp-duty-cut-fails-to-help-first-time-buyers-business-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-cut-fails-to-help-first-time-buyers-business-live\/","title":{"rendered":"Stamp duty cut fails to help first-time buyers – business live"},"content":{"rendered":"


\nChancellor 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 owns a string of estate agents around the UK, reported that revenues and profits both fell sharply last year.Total income in the sales and lettings business for the full year is expected to be circa \u00a3360m, down 14% on 2016, reflecting a disappointing fourth quarter performance. Income in the UK business is expected to be circa \u00a3205m, down 17% year on year, and in London is expected to be circa \u00a3155m, down 10% year on year. 8.53am GMT Today\u2019s report from the Royal Institution of Chartered Surveyors (RICS) also shows that fewer people have been making inquiries about buying a house. Continue reading…
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\nSource : theguardian.com
\nRead more…Stamp duty cut fails to help first-time buyers – business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chancellor Philip Hammond\u2019s attempt to help first-time buyers onto the housing ladder isn\u2019t working, says...<\/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-77186","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-k4W","jetpack-related-posts":[{"id":7462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eu-vote-uncertainty-could-slow-uk-housing-market-savills-warns\/","url_meta":{"origin":77186,"position":0},"title":"EU vote uncertainty could slow UK housing market, Savills warns","date":"March 10, 2016","format":false,"excerpt":"\r Upmarket estate agent posts 16% increase in pre-tax profits but says stamp duty rise may also deter buyers in coming months The upmarket estate agent Savills has warned that Britain\u2019s housing market could slow in the coming months due to increased stamp duty and growing uncertainty surrounding Britain\u2019s membership\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29427,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cut-stamp-duty-to-revive-housing-market-says-estate-agency\/","url_meta":{"origin":77186,"position":1},"title":"Cut stamp duty to revive housing market, says estate agency","date":"October 11, 2016","format":false,"excerpt":"\r Haart urges government to help reverse sluggish pace of activity after drop in house prices in SeptemberOne of Britain\u2019s largest estate agencies has called on the government to cut stamp duty as it revealed that a sharp decline in interest from buyers had led to a fall in house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cut-in-stamp-duty-has-only-really-benefited-london-says-zoopla\/","url_meta":{"origin":77186,"position":2},"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":11498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-braced-for-revenue-slump-due-to-rise-in-buy-to-let-stamp-duty\/","url_meta":{"origin":77186,"position":3},"title":"Foxtons braced for revenue slump due to rise in buy-to-let stamp duty","date":"April 27, 2016","format":false,"excerpt":"\r Estate agent reported 28.5% increase in property sales in first quarter as investors rushed to complete deals before 1 AprilThe estate agent Foxtons is braced for weaker sales in the coming months as buyers become jittery in the face of mounting uncertainty over Britain\u2019s future in Europe.The London-focused agent\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":77186,"position":4},"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":[]},{"id":121294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-cools-as-stamp-duty-holiday-winds-down\/","url_meta":{"origin":77186,"position":5},"title":"UK housing market cools as stamp duty holiday winds down","date":"August 6, 2021","format":false,"excerpt":"\r Prices rose in July but annual rate of increase is down to its lowest level since March, says HalifaxBritain\u2019s biggest mortgage lender has predicted a cooling in Britain\u2019s house price boom after reporting a fall in the annual rate of property inflation.The Halifax said prices rose by 0.4% in\u2026","rel":"","context":"In "Property 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