{"id":36342,"date":"2016-11-29T14:00:42","date_gmt":"2016-11-29T07:00:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-promises-to-stamp-out-abuses-of-new-build-ground-rent-scandal\/"},"modified":"2016-11-29T14:02:55","modified_gmt":"2016-11-29T07:02:55","slug":"government-promises-to-stamp-out-abuses-of-new-build-ground-rent-scandal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-promises-to-stamp-out-abuses-of-new-build-ground-rent-scandal\/","title":{"rendered":"Government promises to stamp out abuses of new-build ground rent scandal"},"content":{"rendered":"


\nSajid 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 unsaleable properties because of rapidly escalating ground rents.Many buyers of new-build homes, particularly in the north west of England, have been sold their properties on a leasehold basis. Traditionally homes have been sold freehold, but new-style leasehold homes come with ground rents that in some cases double every 10 years. Residents are facing rising costs, or struggling to sell their properties when they want to move. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Government promises to stamp out abuses of new-build ground rent scandal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sajid Javid pledges to \u2018do more\u2019 as Guardian campaign reveals that some buyers of new-build...<\/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-36342","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\/p75ss1-9sa","jetpack-related-posts":[{"id":36902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-era-of-housebuilding-needs-new-property-laws\/","url_meta":{"origin":36342,"position":0},"title":"New era of housebuilding needs new property laws","date":"December 3, 2016","format":false,"excerpt":"\r Leasehold houses aren\u2019t the only problem area \u2013 apartment buyers need help tooLabour has committed to banning new houses being sold as leasehold, in a boost for Guardian Money\u2019s campaign against escalating ground rents that have made some homes virtually unsaleable.The promise, by Labour\u2019s shadow secretary of state for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99792,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ground-rents-consultation-begins-on-ending-leasehold-abuses\/","url_meta":{"origin":36342,"position":1},"title":"Ground rents: consultation begins on ending leasehold abuses","date":"October 14, 2018","format":false,"excerpt":"\r Majority of new-build homes would be sold as freehold and leaseholders helped to buy their leases outThe government is consulting on plans to combat leasehold abuse, including a crackdown on rogue landlords.The majority of new-build houses would be sold as freehold under proposals being put out for consultation on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victims-of-ground-rent-scandal-demand-action-on-existing-abuses\/","url_meta":{"origin":36342,"position":2},"title":"Victims of ground rent scandal demand action on existing abuses","date":"July 26, 2017","format":false,"excerpt":"\r As government plans to ban leaseholds on new-build houses, there are claims up to 100,000 people own \u2018unsellable\u2019 propertiesVictims of the ground rents scandal are demanding ministers go further in tackling unfair abuses of the leasehold system, amid claims that as many as 100,000 existing homeowners remain trapped in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-cheers-nationwide-for-bloodying-housebuilder-noses\/","url_meta":{"origin":36342,"position":3},"title":"Three cheers Nationwide for bloodying housebuilder noses","date":"May 6, 2017","format":false,"excerpt":"\r The building society has made a surprise intervention into the leasehold flats and houses scandal, making hundreds of new-build properties unsaleableOvernight, Nationwide building society has made hundreds, and possibly thousands, of new-build flats and houses almost unsaleable \u2013 and they should be roundly applauded for doing so.In a surprise\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34950,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-build-ground-rent-scandal-could-spark-legal-battles\/","url_meta":{"origin":36342,"position":4},"title":"New-build ground rent scandal could spark legal battles","date":"November 19, 2016","format":false,"excerpt":"\r With thousands of homebuyers caught out by rapidly rising rents, the solicitors they used may face claims of professional negligenceSolicitors who failed to warn of soaring ground rents on leasehold properties face a wave of claims for professional negligence, following Guardian Money revelations on a scandal that has engulfed\u2026","rel":"","context":"In "Property News"","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":36342,"position":5},"title":"Leasehold 'nightmare' 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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36342"}],"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=36342"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36342\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}