{"id":141376,"date":"2024-01-19T02:09:22","date_gmt":"2024-01-18T19:09:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freeholders-living-off-rentier-structure-with-exorbitant-ground-rent-mps-say\/"},"modified":"2024-01-19T02:29:04","modified_gmt":"2024-01-18T19:29:04","slug":"freeholders-living-off-rentier-structure-with-exorbitant-ground-rent-mps-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freeholders-living-off-rentier-structure-with-exorbitant-ground-rent-mps-say\/","title":{"rendered":"Freeholders living off \u2018rentier structure\u2019 with \u2018exorbitant\u2019 ground rent, MPs say"},"content":{"rendered":"


\nMPs questioned freeholder groups in committee hearing over leasehold reform billMPs have laid into freeholders for creating a \u201crentier structure\u201d in England and Wales in recent years, charging \u201cexorbitant\u201d ground rents of \u00a38,000 a year in some cases, as a freeholder group pushed back against proposed changes to leasehold laws.The government\u2019s long-awaited leasehold reform bill, which would make it easier and cheaper for leaseholders to extend their lease and buy the freehold, and will ban leaseholds on newly built houses \u2013 but not flats \u2013 in England and Wales, is at the committee scrutiny stage. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Freeholders living off \u2018rentier structure\u2019 with \u2018exorbitant\u2019 ground rent, MPs say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MPs questioned freeholder groups in committee hearing over leasehold reform billMPs have laid into freeholders...<\/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-141376","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-AMg","jetpack-related-posts":[{"id":141392,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tell-us-have-you-experienced-issues-with-extending-leases-or-high-ground-rents\/","url_meta":{"origin":141376,"position":0},"title":"Tell us: have you experienced issues with extending leases or high ground rents?","date":"January 19, 2024","format":false,"excerpt":"\r We would like to hear from people in England and Wales who have had issues trying to extend their leases \u2013 and those experiencing exorbitant ground rentsThe government\u2019s leasehold reform bill, which aims to make it easier and cheaper for leaseholders in houses and flats in England and Wales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117934,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/englands-leasehold-system-is-crumbling-freeholders-fightback-will-be-nasty-patrick-collinson\/","url_meta":{"origin":141376,"position":1},"title":"England\u2019s leasehold system is crumbling. Freeholders' fightback will be nasty | Patrick Collinson","date":"July 23, 2020","format":false,"excerpt":"\r There was good news this week for 4.3 million homeowners. But it\u2019s not time to celebrate yetA report by the Law Commission published this week should have made uplifting reading for the 4.3 million homeowners in England and Wales trapped in our feudal leasehold system. It appeared to (finally)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170448,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-leasehold-reform-labour-must-stand-up-to-property-investors-editorial\/","url_meta":{"origin":141376,"position":2},"title":"The Guardian view on leasehold reform: Labour must stand up to property investors | Editorial","date":"January 30, 2026","format":false,"excerpt":"\r A ground rent cap is a good start, but ministers need to go further in reforming an unjust systemChanges to lease agreements, leading to steeply increasing ground rents over recent years, are an outrage. An estimated 18% of leaseholders in England and Wales \u2013 around 1m households \u2013 have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-have-to-end-the-horror-of-this-feudal-leasehold-system\/","url_meta":{"origin":141376,"position":3},"title":"We have to end the horror of this feudal leasehold system","date":"July 29, 2017","format":false,"excerpt":"\r We could publish horror stories every week \u2013 and not just on doubling ground rentsThe entire parasitic structure of leasehold in England and Wales is, finally, beginning to wobble \u2013 and with a bit more prodding we could see it crash. The long campaign led by Sebastian O\u2019Kelly at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-two-tier-housing-market-will-be-the-result-of-labours-half-baked-leasehold-reform-plans-harry-scoffin\/","url_meta":{"origin":141376,"position":4},"title":"A two-tier housing market will be the result of Labour\u2019s half-baked leasehold reform plans | Harry Scoffin","date":"March 13, 2025","format":false,"excerpt":"\r The current system in England and Wales is iniquitous, but the answer isn\u2019t to divide flats into shiny new-builds v leasehold debt trapsThe leasehold system in England and Wales has needed tearing down since the medieval era. It locks homeowners, especially those in flats, into an exploitative, serf-like relationship\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136660,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-tory-housing-policy-profits-ahead-of-people-editorial\/","url_meta":{"origin":141376,"position":5},"title":"The Guardian view on Tory housing policy: profits ahead of people | Editorial","date":"May 13, 2023","format":false,"excerpt":"\r No 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\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\/141376"}],"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=141376"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141376\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=141376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=141376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=141376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}