{"id":105227,"date":"2019-03-21T16:26:28","date_gmt":"2019-03-21T09:26:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-homebuyers-can-withhold-money-until-faults-fixed\/"},"modified":"2019-03-21T17:03:02","modified_gmt":"2019-03-21T10:03:02","slug":"persimmon-homebuyers-can-withhold-money-until-faults-fixed","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-homebuyers-can-withhold-money-until-faults-fixed\/","title":{"rendered":"Persimmon homebuyers can withhold money until faults fixed"},"content":{"rendered":"


\nContracts will state that 1.5% of property value can be held back until problems resolvedPersimmon, one of Britain\u2019s biggest housebuilders, has responded to criticism about the quality of its homes by allowing homebuyers to withhold an average of \u00a33,600 per home until all faults are fixed.The company has come under fire for paying out \u00a3500m in bonuses to 150 executives and making an annual profit of \u00a31.1bn on the back of the government\u2019s help to buy scheme, while doing little to improve customer care and the quality of its new-build homes. Many homebuyers have complained about finding numerous defects after moving in, including leaks and cracking windows. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Persimmon homebuyers can withhold money until faults fixed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Contracts will state that 1.5% of property value can be held back until problems resolvedPersimmon,...<\/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-105227","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-rnd","jetpack-related-posts":[{"id":105241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmons-new-homebuyers-retention-at-least-shows-willing\/","url_meta":{"origin":105227,"position":0},"title":"Persimmon's new homebuyers' 'retention' at least shows willing","date":"March 22, 2019","format":false,"excerpt":"\r It\u2019s obviously an attempt at a reputation fix, but it\u2019s still a sound principle for Help to BuyPersimmon described it as a homebuyer\u2019s \u201cretention\u201d, but could have called it the Jeff Fairburn memorial clause. Buyers of Persimmon houses will be able to withhold 1.5% of the purchase price, or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-new-build-nightmare-left-homebuyers-in-limbo-for-two-years\/","url_meta":{"origin":105227,"position":1},"title":"How a new-build nightmare left homebuyers in limbo for two years","date":"October 17, 2022","format":false,"excerpt":"\r There are so many faults with this house in Yorkshire that its owners have to store their possessions in a shipping containerThe view from Chris and Katie Eve\u2019s house for the past two years has been dominated by a large metal shipping container in their drive. It stores family\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-offered-40-year-fixed-rate-mortgage-by-uk-lender\/","url_meta":{"origin":105227,"position":2},"title":"Homebuyers offered 40-year fixed-rate mortgage by UK lender","date":"November 27, 2021","format":false,"excerpt":"\r Launch by Kensington Mortgages comes amid expectations that era of ultra-low interest rates will endA mortgage offering fixed monthly payments for 40 years was launched this week \u2013 and it could mean that some homebuyers will be able to borrow more money than with a standard deal. The Flexi\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":105227,"position":3},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135918,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/todays-homebuyers-have-their-mortgage-rate-tipping-point-and-its-artificially-low\/","url_meta":{"origin":105227,"position":4},"title":"Today's homebuyers have their mortgage rate tipping point, and it's artificially low","date":"April 14, 2023","format":false,"excerpt":"\r The majority of potential homebuyers say they won't accept a 30-year fixed mortgage rate over 5.5%, according to a new survey. The current rate is around 6.4%.\r \r Source : cnbc.com\r Read more...Today's homebuyers have their mortgage rate tipping point, and it's artificially low","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gulf-homebuyers-willing-to-pay-7-more-for-sustainable-homes-says-pwc\/","url_meta":{"origin":105227,"position":5},"title":"Gulf homebuyers willing to pay 7% more for sustainable homes, says PwC","date":"November 19, 2025","format":false,"excerpt":"\r Green design becomes a market standard as buyers prioritise energy savings, long-term value, and environmental impact The post Gulf homebuyers willing to pay 7% more for sustainable homes, says PwC appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/homes-with-sustainable-features-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105227"}],"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=105227"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105227\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}