{"id":100472,"date":"2018-10-24T23:00:15","date_gmt":"2018-10-24T16:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/freezing-uk-tower-block-was-cash-cow-for-foreign-investors\/"},"modified":"2018-10-24T23:04:35","modified_gmt":"2018-10-24T16:04:35","slug":"freezing-uk-tower-block-was-cash-cow-for-foreign-investors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freezing-uk-tower-block-was-cash-cow-for-foreign-investors\/","title":{"rendered":"Freezing UK tower block was cash cow for foreign investors"},"content":{"rendered":"


\nAgents at Liverpool flats faced 13 prosecutions last year as housing benefit flowed abroadA Liverpool tower block that had more housing prosecutions in 2017 than any other building was 80% owned by international investors, some of whom were banking publicly funded rents while subjecting tenants to potential danger from hazardously low temperatures.Mill View tower, a 16-storey former council-owned high rise in Toxteth, attracted 13 prosecutions last year for Elite Property Management and Lettings Ltd, a local firm that was managing 13 of the flats. The flats had cost around \u00a360,000 each in 2013 and were all rented to residents claiming housing benefit. The company was prosecuted for licensing offences. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Freezing UK tower block was cash cow for foreign investors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Agents at Liverpool flats faced 13 prosecutions last year as housing benefit flowed abroadA Liverpool...<\/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-100472","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-q8w","jetpack-related-posts":[{"id":100470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-a-liverpool-tower-block-was-a-magnet-for-foreign-capital\/","url_meta":{"origin":100472,"position":0},"title":"Why a Liverpool tower block was a magnet for foreign capital","date":"October 24, 2018","format":false,"excerpt":"\r Money from across the globe rolled into Mill View, and so did Housing Act prosecutionsMill View tower is a grey, postwar, former council-owned block of flats which rises above Toxteth to the south of Liverpool city centre. At first sight it is unremarkable by the standards of many British\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/politicians-condemn-60-foreign-ownership-of-london-skyscraper\/","url_meta":{"origin":100472,"position":1},"title":"Politicians condemn 60% foreign ownership of London skyscraper","date":"May 25, 2016","format":false,"excerpt":"\r John Prescott, who approved UK\u2019s tallest residential building, speaks out after Guardian reveals a quarter of flats in it are held by offshore firmsThe former Labour deputy prime minister John Prescott has attacked the buy-up of almost two-thirds of the UK\u2019s tallest residential building by foreign investors as deplorable.Lord\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-low-rise-flats-freed-from-wall-safety-certificate-need\/","url_meta":{"origin":100472,"position":2},"title":"Owners of low-rise flats freed from wall safety certificate need","date":"July 22, 2021","format":false,"excerpt":"\r Ministers alter post-Grenfell tower fire safety guidance, covering cladding, to ease property salesMinisters have sought to ease the difficulties of thousands of owners of flats trapped in properties they cannot sell or remortgage by changing advice on fire safety paperwork on lower-rise blocks, a requirement introduced after the Grenfell\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ghost-tower-bought-up-by-foreign-money-is-symbol-of-housing-crisis\/","url_meta":{"origin":100472,"position":3},"title":"Ghost tower bought up by foreign money is symbol of housing crisis","date":"May 24, 2016","format":false,"excerpt":"\r Exclusive: Russian billionaire and Kyrgyz tycoon among owners of often empty flats at London\u2019s St George Wharf skyscraper A Russian billionaire whose business partner is a close ally of Vladimir Putin, the former chairman of a defunct Nigerian bank and a Kyrgyz vodka tycoon appear to be among more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/locals-get-first-dibs-the-manchester-flats-banning-foreign-investors\/","url_meta":{"origin":100472,"position":4},"title":"'Locals get first dibs': the Manchester flats banning foreign investors","date":"July 14, 2017","format":false,"excerpt":"\r Dubbed \u2018Manchester homes for Manchester people\u2019, the new Crusader Mill development is bucking the trend for apartments to be sold overseas, and is instead offering them to locals first. So is there an Oasis lyrics test?It has become a depressingly familiar scenario for flat-hunters in any one of Britain\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hundreds-of-flats-in-canary-wharf-development-sell-in-less-than-five-hours\/","url_meta":{"origin":100472,"position":5},"title":"Hundreds of flats in Canary Wharf development sell in less than five hours","date":"July 13, 2015","format":false,"excerpt":"\r Half the Maine Tower properties were bought by overseas buyers and range from \u00a3350,000 for a studio up to \u00a31.25m for three bedroomsThe east London skyscraper has \u201ca comprehensive array of elite lifestyle facilities\u201d and boasts it is an \u201call-private tower\u201d \u2013 meaning it has no apartments set aside\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\/100472"}],"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=100472"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100472\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}