{"id":32165,"date":"2016-10-29T13:00:12","date_gmt":"2016-10-29T06:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-builds-catching-house-buyers-in-a-leasehold-property-trap\/"},"modified":"2016-10-29T13:11:26","modified_gmt":"2016-10-29T06:11:26","slug":"the-new-builds-catching-house-buyers-in-a-leasehold-property-trap","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-builds-catching-house-buyers-in-a-leasehold-property-trap\/","title":{"rendered":"The new-builds catching house buyers in a leasehold property trap"},"content":{"rendered":"


\nRecently built homes have been left unsaleable, with owners asked to fork out five-figure sums for freeholds. We investigate the latest leasehold scandalWhen Clare Budgen bought her first house in Ellesmere Port in 2009 for \u00a3155,000 the last thing on her mind was the lease. Taylor Wimpey, the developer, arranged the lease on a 999-year basis, so what could the then 22-year-old possibly have had to worry about?But just seven years later, when she looked into buying the freehold (to enable her to sell the home more easily in the future) she was astonished to find that, first, Taylor Wimpey had sold her freehold to another company, E&J Estates, and, second, it wanted \u00a332,000. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The new-builds catching house buyers in a leasehold property trap<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Recently built homes have been left unsaleable, with owners asked to fork out five-figure sums...<\/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-32165","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\/p75ss1-8mN","jetpack-related-posts":[{"id":53129,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-sets-aside-130m-for-leasehold-cases\/","url_meta":{"origin":32165,"position":0},"title":"Taylor Wimpey sets aside \u00a3130m for leasehold cases","date":"April 27, 2017","format":false,"excerpt":"\r Housebuilder apologises for leasehold scandal that saddled buyers with onerous fees\r \r Source : ft.com\r Read more...Taylor Wimpey sets aside \u00a3130m for leasehold cases","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54631,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-compensation-offer-is-pr-con-claim-victims-of-leasehold-scandal\/","url_meta":{"origin":32165,"position":1},"title":"Taylor Wimpey compensation offer is PR con, claim victims of leasehold scandal","date":"May 13, 2017","format":false,"excerpt":"\r Some homeowners believe they will still be left in the clutches of ground rent companies and have to pay excessive chargesTaylor Wimpey last month offered \u00a3130m to buyers trapped in new-build homes with spiralling ground rent contracts. It was a move initially greeted with glee by victims of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-profits-hit-by-leasehold-scandal\/","url_meta":{"origin":32165,"position":2},"title":"Taylor Wimpey profits hit by leasehold scandal","date":"August 1, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Taylor Wimpey profits hit by leasehold scandal","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-slashes-bonuses-over-leasehold-scandal\/","url_meta":{"origin":32165,"position":3},"title":"Taylor Wimpey slashes bonuses over leasehold scandal","date":"March 20, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Taylor Wimpey slashes bonuses over leasehold scandal","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53113,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-apologises-to-customers-over-historic-leasehold-disputes\/","url_meta":{"origin":32165,"position":4},"title":"Taylor Wimpey apologises to customers over historic leasehold disputes","date":"April 27, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Taylor Wimpey apologises to customers over historic leasehold disputes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unexpected-leasehold-provision-in-taylor-wimpey-statement\/","url_meta":{"origin":32165,"position":5},"title":"Unexpected leasehold provision in Taylor Wimpey statement","date":"April 27, 2017","format":false,"excerpt":"\r CNBC's Gemma Acton weighs in Taylor Wimpey's statement concerning customer disputes over leases, as well as the U.K. housebuilder space more broadly.\r \r Source : cnbc.com\r Read more...Unexpected leasehold provision in Taylor Wimpey statement","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\/32165"}],"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=32165"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32165\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=32165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=32165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=32165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}