{"id":60186,"date":"2017-07-08T13:00:00","date_gmt":"2017-07-08T06:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-desperate-to-know-who-really-owns-their-freehold\/"},"modified":"2017-07-08T13:11:52","modified_gmt":"2017-07-08T06:11:52","slug":"homebuyers-desperate-to-know-who-really-owns-their-freehold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-desperate-to-know-who-really-owns-their-freehold\/","title":{"rendered":"Homebuyers desperate to know who really owns their freehold"},"content":{"rendered":"


\nA pass-the-parcel nightmare sees freeholds sold by major housebuilders to obscure companies which demand huge sumsBuyers who purchased new properties direct from some of the UK\u2019s biggest builders have been left in the dark as investment companies play pass-the-parcel with\u00a0the land their\u00a0homes stand on.Take Joanne Darbyshire, 46, and her husband Mark, 47. They bought a five-bedroom house in Bolton from Taylor Wimpey in 2010, and are among thousands of unfortunate leaseholders put on \u201cdoubling\u201d ground rent contracts that in extreme cases have left their properties almost worthless, with mortgage lenders refusing loans to future buyers. The only way to escape the escalating payments is to buy the freehold. But in Darbyshire\u2019s case, Taylor Wimpey sold it to Adriatic Land 2 (GR2) in 2012. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Homebuyers desperate to know who really owns their freehold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A pass-the-parcel nightmare sees freeholds sold by major housebuilders to obscure companies which demand huge...<\/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-60186","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-fEK","jetpack-related-posts":[{"id":32165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-builds-catching-house-buyers-in-a-leasehold-property-trap\/","url_meta":{"origin":60186,"position":0},"title":"The new-builds catching house buyers in a leasehold property trap","date":"October 29, 2016","format":false,"excerpt":"\r Recently 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,\u2026","rel":"","context":"In "Property News"","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":60186,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-to-raise-500m-for-land-buying-offensive\/","url_meta":{"origin":60186,"position":2},"title":"Taylor Wimpey to raise \u00a3500m for land buying offensive","date":"June 18, 2020","format":false,"excerpt":"\r Housebuilder says pandemic has pushed down prices and created opportunities\r \r Source : ft.com\r Read more...Taylor Wimpey to raise \u00a3500m for land buying offensive","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taylor-wimpey-warns-over-plan-to-build-discounted-homes-for-first-time-buyers\/","url_meta":{"origin":60186,"position":3},"title":"Taylor Wimpey warns over plan to build discounted homes for first-time buyers","date":"January 11, 2016","format":false,"excerpt":"\r Housebuilder questions how proposed 20% saving on more than 200,000 properties would be implemented and its impact on affordable housing sectorTaylor Wimpey has warned that the government\u2019s plan to build more than 200,000 discounted houses for first-time buyers could be in doubt because of confusion about how the scheme\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117216,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-think-the-coronavirus-crisis-will-spark-exodus-out-of-london-taylor-wimpey-ceo-says\/","url_meta":{"origin":60186,"position":4},"title":"Don't think the coronavirus crisis will spark exodus out of London, Taylor Wimpey CEO says","date":"June 18, 2020","format":false,"excerpt":"\r Taylor Wimpey CEO Peter Redfern discusses the company's \u00a3500 million ($626 million) fundraising initiative for land purchases, and talks about the outlook for the propetry market.\r \r Source : cnbc.com\r Read more...Don't think the coronavirus crisis will spark exodus out of London, Taylor Wimpey CEO says","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":60186,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60186"}],"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=60186"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60186\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}