{"id":143262,"date":"2024-03-30T23:31:41","date_gmt":"2024-03-30T16:31:41","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outrage-as-residents-in-englands-affordable-housing-forced-to-pay-thousands-of-pounds-extra-in-service-charge\/"},"modified":"2024-03-30T23:39:46","modified_gmt":"2024-03-30T16:39:46","slug":"outrage-as-residents-in-englands-affordable-housing-forced-to-pay-thousands-of-pounds-extra-in-service-charge","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outrage-as-residents-in-englands-affordable-housing-forced-to-pay-thousands-of-pounds-extra-in-service-charge\/","title":{"rendered":"Outrage as residents in England\u2019s \u2018affordable\u2019 housing forced to pay thousands of pounds extra in service charge"},"content":{"rendered":"


\nPressure on Michael Gove to act as householders see bills rise 40%, with many saying that they cannot afford to paySome of the UK\u2019s largest housing providers have dramatically increased annual service charges by thousands of pounds, plunging residents into financial crisis, an Observer investigation has found.Many residents who bought shared-ownership properties built as affordable homes have been sent bills in recent weeks with increases of more than 40%. Some say they are unable to sell the properties having now been lumbered with \u201cextortionate\u201d charges and no cap on future increases. More than 1,000 people across the country are now threatening to refuse to pay. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Outrage as residents in England\u2019s \u2018affordable\u2019 housing forced to pay thousands of pounds extra in service charge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pressure on Michael Gove to act as householders see bills rise 40%, with many saying...<\/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-143262","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-BgG","jetpack-related-posts":[{"id":143264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-being-ripped-off-englands-affordable-housing-residents-who-are-being-priced-out-of-their-own-homes\/","url_meta":{"origin":143262,"position":0},"title":"\u2018We\u2019re being ripped off\u2019: England\u2019s \u2018affordable-housing\u2019 residents who are being priced out of their own homes","date":"March 30, 2024","format":false,"excerpt":"\r Service charges for shared-ownership houses have rocketed, leaving many unable to pay. We hear their storiesWhen the construction company Lendlease first promoted the regeneration of Elephant and Castle in south London, it promised a host of benefits for the local community.It said the area would gain more than 3,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/affordable-shared-ownership-homes-cost-residents-more-than-half-their-wages\/","url_meta":{"origin":143262,"position":1},"title":"\u2018Affordable\u2019 shared-ownership homes cost residents more than half their wages","date":"September 22, 2024","format":false,"excerpt":"\r Many people now feel trapped despite major provider\u2019s guidance that mortgage, rent and service charges should not exceed 40% of take-home payResidents who bought shared-ownership properties promoted as \u201caffordable homes\u201d say they now feel trapped because they have to spend more than half of their net salaries on mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whanganui-residents-still-struggling-to-find-available-and-affordable-rental-properties-as-city-continues-towards-housing-crisis-point\/","url_meta":{"origin":143262,"position":2},"title":"Whanganui residents still struggling to find available and affordable rental properties as city continues towards housing crisis point","date":"March 2, 2019","format":false,"excerpt":"\r Whanganui tenants are continuing to feel the pinch as house prices rise, prompting more and more sales that are forcing them out of their homes.Niki Wiggins was renting a property in Gonville for five years, but over the new year...\r \r Source : nzherald.co.nz\/Property\r Read more...Whanganui residents still struggling\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residents-trapped-with-service-charges-of-up-to-8000-a-year-threaten-legal-action-against-government\/","url_meta":{"origin":143262,"position":3},"title":"Residents trapped with service charges of up to \u00a38,000 a year threaten legal action against government","date":"March 1, 2025","format":false,"excerpt":"\r Owners of homes marketed by housing associations as \u2018affordable\u2019 are planning a challenge as service costs spiral\u2022 \u2018There is no way I can pay\u2019: residents despair of steep costs and \u2018poor door\u2019Residents trapped in properties marketed as \u201caffordable\u201d are planning legal action against the government after being hit with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/affordable-homes-in-billionaires-row-scheme-unviable-says-developer\/","url_meta":{"origin":143262,"position":4},"title":"Affordable homes in \u2018Billionaires Row\u2019 scheme unviable, says developer","date":"November 20, 2021","format":false,"excerpt":"\r Plan for 109 London properties at average of \u00a32m each causes anger in borough hit by housing crisisA property developer forecasting a profit of tens of millions of pounds from a luxury apartment complex on London\u2019s \u201cBillionaires Row\u201d, has claimed it cannot afford to subsidise a single affordable home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rural-development-wont-solve-britains-housing-crisis-letters\/","url_meta":{"origin":143262,"position":5},"title":"Rural development won\u2019t solve Britain\u2019s housing crisis | Letters","date":"July 24, 2024","format":false,"excerpt":"\r Communities need affordable properties, not executive homes, writes Dr James Derounian. Plus letters from Valerie Organ and Rosanne BostockI agree with Simon Jenkins\u2019s overall message that England\u2019s rural communities desperately need low-cost and affordable homes to rent and buy (David Cameron failed to foist new houses on rural areas.\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\/143262"}],"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=143262"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143262\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}