{"id":143363,"date":"2024-04-07T13:00:23","date_gmt":"2024-04-07T06:00:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/secret-home-insurance-commissions-raking-in-millions-for-landlords-in-england-and-wales\/"},"modified":"2024-04-07T13:09:43","modified_gmt":"2024-04-07T06:09:43","slug":"secret-home-insurance-commissions-raking-in-millions-for-landlords-in-england-and-wales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/secret-home-insurance-commissions-raking-in-millions-for-landlords-in-england-and-wales\/","title":{"rendered":"Secret home insurance commissions raking in millions for landlords in England and Wales"},"content":{"rendered":"<p>&#013;<br \/>\nInsurers have made huge hidden payments for buildings cover over many years, experts sayLandlords of developments in England and Wales where residents face hefty service charges face calls to disclose millions of pounds in \u201csecret commissions\u201d raked in over the years for arranging buildings insurance.Experts say these hidden commissions, paid to landlords including City investment funds that hold freeholds and managing agents, have been worth tens of millions of pounds a year. The arrangements were made without residents being told and resulted in higher service charges. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2024\/apr\/07\/secret-home-insurance-commissions-raking-in-millions-for-landlords-in-england-and-wales\" target=\"_blank\" rel=\"noopener\">Secret home insurance commissions raking in millions for landlords in England and Wales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Insurers have made huge hidden payments for buildings cover over many years, experts sayLandlords of&#46;&#46;&#46;<\/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-143363","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-Bij","jetpack-related-posts":[{"id":147022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-to-ban-england-and-wales-landlords-from-rental-bidding-wars\/","url_meta":{"origin":143363,"position":0},"title":"Bill to ban England and Wales landlords from rental bidding wars","date":"September 12, 2024","format":false,"excerpt":"\r Renters\u2019 rights bill goes further than expected to ensure tenants pay no more than advertised priceLandlords in England and Wales will be banned from renting out their properties for more than the advertised price under reforms set out by the government on Wednesday, as ministers seek to stop expensive\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revealed-the-landlords-hit-with-the-biggest-fines-in-2017\/","url_meta":{"origin":143363,"position":1},"title":"Revealed: the landlords hit with the biggest fines in 2017","date":"October 24, 2018","format":false,"excerpt":"\r More than a hundred landlords in England and Wales received multiple housing convictionsThe most comprehensive ever survey of convicted landlords in England and Wales, carried out by the Guardian and ITV News, reveals that 502 landlords committed 752 housing offences in 2017. They were fined a total of \u00a32.7m\u2026","rel":"","context":"In &quot;Property News&quot;","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":143363,"position":2},"title":"Leasehold &#039;nightmare&#039; 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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-evictions-in-england-and-wales-surge-by-98-in-a-year\/","url_meta":{"origin":143363,"position":3},"title":"Rental evictions in England and Wales surge by 98% in a year","date":"February 10, 2023","format":false,"excerpt":"\r Homeless charity Crisis say rise in repossessions shows \u2018devastating impact\u2019 of the cost of living crisis on rentersRental evictions have surged by 98% in a year, official figures show, with a charity saying this showed the \u201cdevastating impact\u201d of the cost of living crisis on renters.Repossessions by landlords hit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-landlords-to-be-forced-to-improve-energy-efficiency\/","url_meta":{"origin":143363,"position":4},"title":"More landlords to be forced to improve energy efficiency","date":"November 5, 2018","format":false,"excerpt":"\r Partial climbdown means help for more tenants in coldest homes in England and WalesMore landlords will be forced to upgrade the energy efficiency of the coldest homes in England and Wales, under a partial climbdown by the government.Owners of the draughtiest homes \u2013 those rated in the worst energy\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146691,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/repossession-claims-in-england-and-wales-at-highest-in-five-years\/","url_meta":{"origin":143363,"position":5},"title":"Repossession claims in England and Wales at highest in five years","date":"August 8, 2024","format":false,"excerpt":"\r Both bank and landlord cases rise but remain below pre-Covid levels, despite tough cycle of interest rate risesBusiness live \u2013 latest updatesThe number of claims made by banks and landlords to repossess homes in England and Wales has reached the highest level in five years as households struggle with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143363"}],"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=143363"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143363\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}