{"id":144363,"date":"2024-05-13T14:00:19","date_gmt":"2024-05-13T07:00:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lq-has-raised-my-flats-service-charge-by-41-i-cant-afford-it\/"},"modified":"2024-05-13T14:27:27","modified_gmt":"2024-05-13T07:27:27","slug":"lq-has-raised-my-flats-service-charge-by-41-i-cant-afford-it","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lq-has-raised-my-flats-service-charge-by-41-i-cant-afford-it\/","title":{"rendered":"L&amp;Q has raised my flat\u2019s service charge by 41%. I can\u2019t afford it"},"content":{"rendered":"<p>&#013;<br \/>\nThis is causing enormous stress \u2026 and we don\u2019t even know what the money is needed forI own 35% of a one-bedroom shared ownership apartment run by the housing association L&amp;Q. Since completion, 15 months ago, the \u00adservice charge has increased by 41% from \u00a3182.46 a month to \u00a3257.58, though my salary has only gone up by 3%. There is no attempt in L&amp;Q\u2019s letter to justify this extortionate hike, which is creating enormous financial and emotional stress.MB, London Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/article\/2024\/may\/13\/lq-has-raised-my-flats-service-charge-by-41-i-cant-afford-it\" target=\"_blank\" rel=\"noopener\">L&amp;Q has raised my flat\u2019s service charge by 41%. I can\u2019t afford it<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; This is causing enormous stress \u2026 and we don\u2019t even know what the money is&#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-144363","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-Byr","jetpack-related-posts":[{"id":148107,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/our-flats-rising-ground-rent-is-going-to-ruin-our-move\/","url_meta":{"origin":144363,"position":0},"title":"Our flat\u2019s rising ground rent is going to ruin our move","date":"November 12, 2024","format":false,"excerpt":"\r Our buyer\u2019s lender has pulled out because the charge rises with the property\u2019s rising value. Now the delay risks collapsing the whole chainWe found a buyer for our leasehold flat, but on the day of exchange their lender declined to offer a mortgage, despite having previously agreed in principle.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31250,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-the-small-print-that-could-hike-one-bed-flats-ground-rent-to-8m-a-year\/","url_meta":{"origin":144363,"position":1},"title":"Beware the small print that could hike one-bed flat\u2019s ground rent to \u00a38m-a-year","date":"October 22, 2016","format":false,"excerpt":"\r At first the bill for a \u00a358,000 leasehold flat was \u00a3250 \u2026 then \u00a38,000. But the nightmare\u2019s just beginningYou\u2019ve just bought your first flat, and were told by your solicitor that the ground rent is \u00a3250 a year. So, on moving in, you are staggered to be presented with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101986,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-offers-ramps-for-flats-with-multi-step-entrances\/","url_meta":{"origin":144363,"position":2},"title":"HDB offers ramps for flats with multi-step entrances","date":"December 4, 2018","format":false,"excerpt":"\r The ramps will be offered to elderly HDB residents from tomorrow.\u00a0 Seniors living in older flats with multi-step entrances can look forward to moving in and out of their homes with greater ease. This comes as the Housing and Development Board (HDB) is set to expand its Enhancement for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-london-flats-smoke-and-mirrors-trickery-i-like-to-seek-out-the-unusual\/","url_meta":{"origin":144363,"position":3},"title":"A London flat\u2019s smoke and mirrors trickery: \u2018I like to seek out the unusual\u2019","date":"September 30, 2018","format":false,"excerpt":"\r A giant glass cube gives a sci-fi twist to this London flat, partly reflecting its former resident Tom Baker, AKA the DoctorIt takes a moment for your eyes to adjust to the black that wraps around the walls and ceilings of Linda Allen and Darin Brown\u2019s flat, which occupies\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-to-provide-more-help-to-seniors-looking-to-unlock-flats-value\/","url_meta":{"origin":144363,"position":4},"title":"HDB to provide more help to seniors looking to unlock flat\u2019s value","date":"November 19, 2018","format":false,"excerpt":"\r More personalised information could soon be provided to help seniors make better retirement decisions, such as the estimated proceeds from the sale of their flats. Unlocking the value of one\u2019s HDB flat can prove to be a complex task, wrote National Development Minister Lawrence Wong in a blog post.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105143,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/carter-the-unstoppable-sex-machine-how-we-made-sheriff-fatman\/","url_meta":{"origin":144363,"position":5},"title":"Carter the Unstoppable Sex Machine: how we made Sheriff Fatman","date":"March 19, 2019","format":false,"excerpt":"\r \u2018We used my flat\u2019s rank toilet on the record sleeve with my guitar shoved into it \u2013 though I put a plastic bag over it first\u2019I had read about a dodgy landlord in the South London Press. The drug-dealing, the \u201cphoney prescriptions\u201d, the awful living conditions for his tenants:\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\/144363"}],"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=144363"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144363\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}