{"id":33142,"date":"2016-11-05T14:01:40","date_gmt":"2016-11-05T07:01:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-ground-rent-scandal-that-is-engulfing-new-home-buyers\/"},"modified":"2016-11-05T14:08:53","modified_gmt":"2016-11-05T07:08:53","slug":"the-ground-rent-scandal-that-is-engulfing-new-home-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-ground-rent-scandal-that-is-engulfing-new-home-buyers\/","title":{"rendered":"The ground rent scandal that is engulfing new home buyers"},"content":{"rendered":"<p>&#013;<br \/>\n\u2022 Flat owner reports being trapped in property valued at zero just six years after being built\u2022 \u00a31,000-plus fees to freeholder for permission to build extension \u2022 \u00a335,000 quote to buy freehold on Bovis detached house built a year agoFollowing a special report in last week\u2019s Guardian Money, there has been a huge response from readers caught out by leases with sky-rocketing ground rents. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/nov\/05\/ground-rent-scandal-engulfing-new-home-buyers-leasehold\" target=\"_blank\">The ground rent scandal that is engulfing new home buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; \u2022 Flat owner reports being trapped in property valued at zero just six years after&#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-33142","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\/p75ss1-8Cy","jetpack-related-posts":[{"id":33761,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-insurers-are-watching-you-online-and-is-it-time-to-switch-energy-provider\/","url_meta":{"origin":33142,"position":0},"title":"How insurers are watching you online, and is it time to switch energy provider?","date":"November 10, 2016","format":false,"excerpt":"\r Plus, the ground rent scandal engulfing new home buyers, Tesco Bank accounts hacked, and homes with spiral staircasesHello and welcome to this week\u2019s Money Talks \u2013 a roundup of the week\u2019s biggest stories and some things you may have missed. Continue reading...\r \r Source : theguardian.com\r Read more...How insurers\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-most-buyers-in-ground-rent-scandal-have-agreed-new-deals\/","url_meta":{"origin":33142,"position":1},"title":"Taylor Wimpey: most buyers in ground rent scandal have agreed new deals","date":"November 14, 2017","format":false,"excerpt":"\r Housebuilder says demand for housing is still high, supported by the government\u2019s help-to-buy scheme The \u201csubstantial majority\u201d of Taylor Wimpey home buyers caught in the ground rents scandal will be able to switch to less onerous leasehold contracts, the housebuilder said after it set aside \u00a3130m to convert the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-promises-to-stamp-out-abuses-of-new-build-ground-rent-scandal\/","url_meta":{"origin":33142,"position":2},"title":"Government promises to stamp out abuses of new-build ground rent scandal","date":"November 29, 2016","format":false,"excerpt":"\r Sajid Javid pledges to \u2018do more\u2019 as Guardian campaign reveals that some buyers of new-build homes face ground rents which double every 10 yearsThe government has promised to \u201cstamp out\u201d abuses highlighted in a Guardian campaign that revealed how some buyers of new-build homes have been left with virtually\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-to-pay-up-to-130m-to-settle-ground-rent-scandal\/","url_meta":{"origin":33142,"position":3},"title":"Taylor Wimpey to pay up to \u00a3130m to settle ground rent scandal","date":"April 27, 2017","format":false,"excerpt":"\r Housebuilder was criticised after some its new-build leasehold properties were left near-worthless due to spiralling chargesTaylor Wimpey is to pay out up to \u00a3130m to buyers of some its new-build leasehold properties left near-worthless after they found themselves trapped in spiralling ground rent contracts.In a statement issued at its\u2026","rel":"","context":"In &quot;Property News&quot;","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":33142,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-sets-aside-130m-for-ground-rent-cases\/","url_meta":{"origin":33142,"position":5},"title":"Taylor Wimpey sets aside \u00a3130m for ground rent 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 ground rent cases","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\/33142"}],"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=33142"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/33142\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=33142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=33142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=33142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}