{"id":128809,"date":"2022-08-24T18:29:10","date_gmt":"2022-08-24T11:29:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-more-homeowners-in-uk-to-be-refunded-for-doubling-ground-rents\/"},"modified":"2022-08-24T18:49:33","modified_gmt":"2022-08-24T11:49:33","slug":"thousands-more-homeowners-in-uk-to-be-refunded-for-doubling-ground-rents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-more-homeowners-in-uk-to-be-refunded-for-doubling-ground-rents\/","title":{"rendered":"Thousands more homeowners in UK to be refunded for doubling ground rents"},"content":{"rendered":"


\nCompetition watchdog cracks down on \u2018unfair\u2019 leasehold terms that trapped people in properties they could not sellThousands more homeowners who paid a doubled ground rent on their property will get a refund after the competition watchdog cracked down on \u201cunfair\u201d leasehold practices.More than 5,000 households in the UK will be compensated after being caught in contracts in which their ground rents doubled every 10 years. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Thousands more homeowners in UK to be refunded for doubling ground rents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Competition watchdog cracks down on \u2018unfair\u2019 leasehold terms that trapped people in properties they could...<\/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-128809","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-xvz","jetpack-related-posts":[{"id":122019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-of-leaseholders-freed-from-doubling-of-ground-rents\/","url_meta":{"origin":128809,"position":0},"title":"Thousands of leaseholders freed from doubling of ground rents","date":"September 15, 2021","format":false,"excerpt":"\r Countryside Properties to remove such terms from contracts after CMA investigationThousands of people who bought leasehold homes from the housing developer Countryside Properties will be freed from costly contract terms, following an investigation by the Competition and Markets Authority.The watchdog has been looking into the practice by Countryside and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107984,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watchdog-investigates-leasehold-trap-for-uk-homebuyers\/","url_meta":{"origin":128809,"position":1},"title":"Watchdog investigates 'leasehold trap' for UK homebuyers","date":"June 11, 2019","format":false,"excerpt":"\r Competition and Markets Authority to look at mis-selling and potentially unfair contractsUK homeowners at risk of falling into the so-called \u201cleasehold trap\u201d could benefit from a new official investigation into potential misleading practices and unfair terms.The Competition and Markets Authority (CMA) said its inquiry into the leasehold market \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-is-biggest-problem-for-uk-homeowners-study-finds\/","url_meta":{"origin":128809,"position":2},"title":"Leasehold is biggest problem for UK homeowners, study finds","date":"May 16, 2017","format":false,"excerpt":"\r \u2018Money-grabbing scheme\u2019 traps many new buyers with spiralling ground rents, says HomeOwners AllianceLeasehold has become the number one concern for homeowners in the UK, according to a new study, after it emerged that many new homebuyers have been trapped by spiralling ground rents.The annual survey of property owners by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-nightmare-will-cost-homebuyers-billions-report-warns\/","url_meta":{"origin":128809,"position":3},"title":"Leasehold 'nightmare' will cost homebuyers billions, report warns","date":"April 5, 2017","format":false,"excerpt":"\r Landlords will cash in as resurgence of leaseholds traps buyers in properties with rocketing ground rents, say campaignersThe worsening \u201cnightmare\u201d of the leasehold system in England and Wales is holding millions of homebuyers hostage to exorbitant bills, according to a report by campaign group HomeOwners Alliance, which estimates that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victims-of-ground-rent-scandal-demand-action-on-existing-abuses\/","url_meta":{"origin":128809,"position":4},"title":"Victims of ground rent scandal demand action on existing abuses","date":"July 26, 2017","format":false,"excerpt":"\r As government plans to ban leaseholds on new-build houses, there are claims up to 100,000 people own \u2018unsellable\u2019 propertiesVictims of the ground rents scandal are demanding ministers go further in tackling unfair abuses of the leasehold system, amid claims that as many as 100,000 existing homeowners remain trapped in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-drops-costly-leasehold-terms-after-investigation\/","url_meta":{"origin":128809,"position":5},"title":"Taylor Wimpey drops costly leasehold terms after investigation","date":"December 22, 2021","format":false,"excerpt":"\r Thousands will be freed from contracts where ground rent charges doubled every 10 yearsThousands of people who bought leasehold homes from the housebuilder Taylor Wimpey will be liberated from terms where their ground rent charges doubled every 10 years, after a long-running investigation by the UK competition watchdog. The\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\/128809"}],"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=128809"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128809\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}