{"id":98870,"date":"2018-10-01T09:40:55","date_gmt":"2018-10-01T02:40:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-pm-theresa-may-wants-to-hit-foreign-homebuyers-with-a-higher-tax\/"},"modified":"2018-10-01T10:02:46","modified_gmt":"2018-10-01T03:02:46","slug":"britains-pm-theresa-may-wants-to-hit-foreign-homebuyers-with-a-higher-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-pm-theresa-may-wants-to-hit-foreign-homebuyers-with-a-higher-tax\/","title":{"rendered":"Britain\u2019s PM Theresa May wants to hit foreign homebuyers with a higher tax"},"content":{"rendered":"


\nBritain\u2019s high-end and luxury home builders face a squeeze as Prime Minister Theresa May prepares to impose higher taxes on foreigners looking to buy properties in the UK.
\nOverseas buyers account for roughly half of all residential transactions in central London, according to Faisal Durrani, head of research at property consultants Cluttons LLP.
\nUK developers are already grappling with sluggish demand amid the nation\u2019s messy divorce from Europe, a cooling property market and…
\n
\nSource : South China Morning Post
\nRead more…Britain\u2019s PM Theresa May wants to hit foreign homebuyers with a higher tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Britain\u2019s high-end and luxury home builders face a squeeze as Prime Minister Theresa May prepares...<\/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-98870","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-pIG","jetpack-related-posts":[{"id":53367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smaller-deposits-raise-hopes-for-uk-first-time-homebuyers\/","url_meta":{"origin":98870,"position":0},"title":"Smaller deposits raise hopes for UK first-time homebuyers","date":"May 1, 2017","format":false,"excerpt":"\r Hamptons says re-emergence of higher loan-to-value mortgages combined with lower lending rates and cooling prices have boosted purchase prospectsEasier access to mortgages with a small deposit has offered some glimmers of hope for first-time buyers struggling to get on to Britain\u2019s housing ladder, according to a new report.Research on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42965,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/system-is-close-to-failure-as-pms-council-raises-tax-for-social-care\/","url_meta":{"origin":98870,"position":1},"title":"System is \u2018close to failure\u2019 as PM\u2019s council raises tax for social care","date":"February 5, 2017","format":false,"excerpt":"\r Prosperous authorities like Theresa May\u2019s constituency in Maidenhead and nearby Surrey look to local taxpayers to fill a gapIn her first speech as prime minister last year, Theresa May pledged to govern for those who found themselves \u201cjust about managing\u201d to survive financially. With Britain\u2019s overstretched and underfunded social\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-guarantee-offer-for-london-homebuyers\/","url_meta":{"origin":98870,"position":2},"title":"Brexit guarantee offer for London homebuyers","date":"May 12, 2016","format":false,"excerpt":"\r A venture between Lone Star Funds and Oakmayne Properties is offering a \"Brexit Guarantee Pledge\" for homebuyers at a London project as the looming vote on Britain's membership of the European Union damps demand.\"If they don't like the result, whichever way it goes, they will have the right to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-pay-less-than-renters-in-a-third-of-uk-towns-and-cities\/","url_meta":{"origin":98870,"position":3},"title":"Homebuyers pay less than renters in a third of UK towns and cities","date":"October 9, 2015","format":false,"excerpt":"\r Paying off a typical 90% mortgage is cheaper in 36% of cities but in London monthly repayments on loans can be 50% more than rentingBuying a home is cheaper than renting the same property in a third of Britain\u2019s towns and cities \u2013 all of them outside the south\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/these-are-the-uk-markets-id-meddle-in-what-would-yours-be\/","url_meta":{"origin":98870,"position":4},"title":"These are the UK markets I\u2019d meddle in. 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