{"id":53103,"date":"2017-04-27T18:35:12","date_gmt":"2017-04-27T11:35:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-to-pay-up-to-130m-to-settle-ground-rent-scandal\/"},"modified":"2017-04-27T18:42:50","modified_gmt":"2017-04-27T11:42:50","slug":"taylor-wimpey-to-pay-up-to-130m-to-settle-ground-rent-scandal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-to-pay-up-to-130m-to-settle-ground-rent-scandal\/","title":{"rendered":"Taylor Wimpey to pay up to \u00a3130m to settle ground rent scandal"},"content":{"rendered":"


\nHousebuilder 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 AGM, the housebuilder said a review of the contracts, in which the ground rent doubles every 10 years, found they were legal but \u201cnot consistent with our high standards of customer service and we are sorry for the unintended financial consequence and concern that they are causing\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Taylor Wimpey to pay up to \u00a3130m to settle ground rent scandal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Housebuilder was criticised after some its new-build leasehold properties were left near-worthless due to spiralling...<\/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-53103","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-dOv","jetpack-related-posts":[{"id":53095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-sets-aside-130m-for-ground-rent-cases\/","url_meta":{"origin":53103,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53521,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-sets-aside-130m-to-cover-ground-rent-disputes\/","url_meta":{"origin":53103,"position":1},"title":"Taylor Wimpey sets aside \u00a3130m to cover ground rent disputes","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 to cover ground rent disputes","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":53103,"position":2},"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":71679,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-most-buyers-in-ground-rent-scandal-have-agreed-new-deals\/","url_meta":{"origin":53103,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53129,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-sets-aside-130m-for-leasehold-cases\/","url_meta":{"origin":53103,"position":4},"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":123947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-drops-costly-leasehold-terms-after-investigation\/","url_meta":{"origin":53103,"position":5},"title":"Taylor Wimpey drops costly leasehold terms after investigation","date":"December 22, 2021","format":false,"excerpt":"\r Thousands will be freed from contracts where ground rent charges doubled every 10 yearsThousands of people who bought leasehold homes from the housebuilder Taylor Wimpey will be liberated from terms where their ground rent charges doubled every 10 years, after a long-running investigation by the UK competition watchdog. The\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\/53103"}],"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=53103"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/53103\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=53103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=53103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=53103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}