{"id":133760,"date":"2023-01-16T16:00:02","date_gmt":"2023-01-16T09:00:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-nightmare-why-owning-a-council-flat-could-land-you-with-a-wipeout-bill\/"},"modified":"2023-01-16T16:25:46","modified_gmt":"2023-01-16T09:25:46","slug":"leasehold-nightmare-why-owning-a-council-flat-could-land-you-with-a-wipeout-bill","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-nightmare-why-owning-a-council-flat-could-land-you-with-a-wipeout-bill\/","title":{"rendered":"Leasehold nightmare: why owning a council flat could land you with a \u2018wipeout\u2019 bill"},"content":{"rendered":"


\nGrowing numbers of people are getting demands for \u2018completely unaffordable\u2019 sums that they fear may mean them losing their homeLike many people, teacher Neil Hosken is being careful with money as the cost of living crisis pushes up his food and energy bills, and his low-cost mortgage deal comes to an end. So he was shocked to receive a letter from the council warning of a bill of up to \u00a344,000 for repairs to his home.Hosken is one of a growing number of leaseholders being hit with enormous bills from local authorities for their estates. Emma Clarke, a neighbour on the Taverner and Peckett Square estate in Islington, got a bill about the same size as the deposit she put down on her one-bedroom flat last May. Another neighbour, who lives in a three-bed flat, faces a bill of up to \u00a361,000. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Leasehold nightmare: why owning a council flat could land you with a \u2018wipeout\u2019 bill<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Growing numbers of people are getting demands for \u2018completely unaffordable\u2019 sums that they fear may...<\/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-133760","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-yNq","jetpack-related-posts":[{"id":107527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-owner-advised-to-remove-potted-plants-at-hdb-corridor\/","url_meta":{"origin":133760,"position":0},"title":"Flat owner advised to remove potted plants at HDB corridor","date":"May 28, 2019","format":false,"excerpt":"\r The plants are feared by one neighbour to be a major fire threat. Passing through the eighth-storey HDB corridor of Block 101 in Pasir Ris may prove to be an arduous task as a flat owner has filled the area with potted plants. With the corridor dark and shadowy,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-was-i-harassed-over-a-water-bill-thats-nothing-to-do-with-me\/","url_meta":{"origin":133760,"position":1},"title":"Why was I harassed over a water bill that\u2019s nothing to do with me?","date":"January 15, 2018","format":false,"excerpt":"\r Castle Water sent me bills at the wrong house number when I\u2019m a Thames Water customerCan you please stop Castle Water harassing me to pay bills for a next door property which is nothing to do with me. I live at number 26 and pay Thames Water. For some\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-boyfriend-is-moving-in-to-my-flat-should-i-pay-the-bills\/","url_meta":{"origin":133760,"position":2},"title":"My boyfriend is moving in to my flat \u2013\u00a0should I pay the bills?","date":"November 4, 2019","format":false,"excerpt":"\r I won\u2019t be charging him rent but I\u2019m not sure if I\u2019ll have to pay tax on his share of costsQ I currently own a flat in London and my boyfriend of two years is due to move in with me soon. 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