{"id":136660,"date":"2023-05-13T00:30:00","date_gmt":"2023-05-12T17:30:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-tory-housing-policy-profits-ahead-of-people-editorial\/"},"modified":"2023-05-13T00:49:01","modified_gmt":"2023-05-12T17:49:01","slug":"the-guardian-view-on-tory-housing-policy-profits-ahead-of-people-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-tory-housing-policy-profits-ahead-of-people-editorial\/","title":{"rendered":"The Guardian view on Tory housing policy: profits ahead of people | Editorial"},"content":{"rendered":"


\nNo 10 blocked a vote-winning proposal to end leaseholding \u2013 wary of picking a fight with wealthy donorsThe leasehold system of property ownership in England and Wales is a feudal relic, a hangover from the middle ages when powerful families wanted to retain ownership of their land while maximising their earnings from it. In recent years it had seen homes created merely to provide an income for whoever owns the freehold. These archaic laws ought to be reformed out of existence. It was heartening that Michael Gove, the cabinet minister with responsibility for housing, agreed. But Downing Street has blocked his proposal, wary of picking a fight with wealthy donors ahead of a general election.This is a shortsighted move that confirms the Conservatives as being out of touch with ordinary people\u2019s concerns. About a fifth of homes in England are leasehold properties, many of them flats in cities. Under such contracts, homeowners enter into long-term leases in which they must pay a yearly ground rent to freeholders. The scandal is that ground rents and service charges for maintenance can rise quickly to ridiculously high levels. Renters are exploited too, as landlords pass on the costs of such profiteering by increasing rent. Continue reading…
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\nSource : theguardian.com
\nRead more…The Guardian view on Tory housing policy: profits ahead of people | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

No 10 blocked a vote-winning proposal to end leaseholding \u2013 wary of picking a fight...<\/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-136660","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-zyc","jetpack-related-posts":[{"id":84324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-revives-long-stalled-property-tax-to-combat-housing-bubble\/","url_meta":{"origin":136660,"position":0},"title":"China revives long-stalled property tax to combat housing bubble","date":"April 1, 2018","format":false,"excerpt":"\r Wealthy homeowners have repeatedly blocked progress, but momentum is building\r \r Source : ft.com\r Read more...China revives long-stalled property tax to combat housing bubble","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/our-society-has-lost-control-of-housing-heres-how-to-get-it-back\/","url_meta":{"origin":136660,"position":1},"title":"Our society has lost control of housing \u2013 here's how to get it back","date":"October 26, 2016","format":false,"excerpt":"\r The housing market works for neither renters nor homeowners, but community-led schemes and keeping land public could helpWhen community action is matched with local democratic powers we can halt big developers building second homes for wealthy visitors \u2013 as the resident-led St Ives neighbourhood plan has shown \u2013 and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kensingtons-empty-homes-show-why-ownership-must-be-transparent-guy-shrubsole-and-anna-powell-smith\/","url_meta":{"origin":136660,"position":2},"title":"Kensington\u2019s empty homes show why ownership must be transparent | Guy Shrubsole and Anna Powell-Smith","date":"August 2, 2017","format":false,"excerpt":"\r Revelations about empty properties and offshore owners in the borough were welcome. But the UK needs more openness about who owns property and land\u2022 Guy Shrubsole blogs at Who Owns England? Anna Powell-Smith is a freelance software engineer with interests including open historical dataThere\u2019s something deeply sad about the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-years-rent-upfront-how-the-wealthy-tenants-of-londons-west-end-get-ahead\/","url_meta":{"origin":136660,"position":3},"title":"A year's rent upfront \u2013 how the wealthy tenants of London's West End get ahead","date":"March 30, 2015","format":false,"excerpt":"\r High-end estate agent says fierce competition and desire for anonymity are leading to rents being paid in advanceWealthy tenants are increasingly paying tens of thousands of pounds in rent before they even move in, according to a letting agent specialising in London\u2019s most upmarket neighbourhoods, with one paying more\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-in-new-housing-bill-fight\/","url_meta":{"origin":136660,"position":4},"title":"Government in new housing bill fight","date":"May 1, 2016","format":false,"excerpt":"\r Conservatives want to reverse falling home ownership\r \r Source : ft.com\r Read more...Government in new housing bill fight","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tories-face-new-housing-bill-fight\/","url_meta":{"origin":136660,"position":5},"title":"Tories face new housing bill fight","date":"May 1, 2016","format":false,"excerpt":"\r Draft legislation aims to reverse falling home ownership\r \r Source : ft.com\r Read more...Tories face new housing bill fight","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\/136660"}],"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=136660"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136660\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}