{"id":61828,"date":"2017-07-26T01:04:57","date_gmt":"2017-07-25T18:04:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/you-feel-ripped-off-homeowners-frustration-over-ground-rent-trap\/"},"modified":"2017-07-26T01:29:48","modified_gmt":"2017-07-25T18:29:48","slug":"you-feel-ripped-off-homeowners-frustration-over-ground-rent-trap","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/you-feel-ripped-off-homeowners-frustration-over-ground-rent-trap\/","title":{"rendered":"'You feel ripped off': homeowners' frustration over ground rent trap"},"content":{"rendered":"


\nPeople on Bolton estate say they were not told ground rent would double every 10 years, and they cannot sell their homesTaking the weight off her feet for the first time in hours, Clair Scott falls back into a neighbour\u2019s sofa and lets out a deep sigh. \u201cIt\u2019s by far the worst year of my life, by a country mile,\u201d she says. And her problems may not be over yet.Ten months ago she discovered that the mid-terrace home in Bolton she had bought six years previously was now virtually unsellable. Continue reading…
\n
\nSource : theguardian.com
\nRead more…‘You feel ripped off’: homeowners’ frustration over ground rent trap<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

People on Bolton estate say they were not told ground rent would double every 10...<\/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-61828","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-g5e","jetpack-related-posts":[{"id":105625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-caught-in-a-crippling-ground-rent-trap\/","url_meta":{"origin":61828,"position":0},"title":"Homeowners caught in a crippling ground rent trap","date":"March 31, 2019","format":false,"excerpt":"\r A clause in their lease doubled the bill every 15 years, meaning mortgage lenders steered clearSahar Nejabati planned to sell her flat before she got married in order to buy somewhere more spacious to raise a family: but buyers would not touch it because of a clause in the\u2026","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":61828,"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":94197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/radical-plans-to-end-huge-costs-of-buying-a-freehold-unveiled\/","url_meta":{"origin":61828,"position":2},"title":"Radical plans to end huge costs of buying a freehold unveiled","date":"July 19, 2018","format":false,"excerpt":"\r Law Commission draws up options enabling leaseholders to extend or buy more cheaply Millions of homeowners caught in the so-called \u201cleasehold trap\u201d may be able to buy their freeholds at a fraction of the price currently demanded by ground rent companies, under radical proposals from the Law Commission.One proposal\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/breakthrough-in-leasehold-scandal-as-countryside-buys-back-freeholds\/","url_meta":{"origin":61828,"position":3},"title":"Breakthrough in leasehold scandal as Countryside buys back freeholds","date":"August 7, 2017","format":false,"excerpt":"\r Property developer to take freeholds back from E&J Estates and release homeowners from clauses that double ground rent every 10 yearsHopes of a breakthrough for householders trapped in the leasehold scandal are rising after a major developer agreed to buy back some freeholds and axe controversial ground rent clauses.Countryside\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":61828,"position":4},"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":128809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-more-homeowners-in-uk-to-be-refunded-for-doubling-ground-rents\/","url_meta":{"origin":61828,"position":5},"title":"Thousands more homeowners in UK to be refunded for doubling ground rents","date":"August 24, 2022","format":false,"excerpt":"\r Competition watchdog cracks down on \u2018unfair\u2019 leasehold terms that trapped people in properties they could not sellThousands more homeowners who paid a doubled ground rent on their property will get a refund after the competition watchdog cracked down on \u201cunfair\u201d leasehold practices.More than 5,000 households in the UK will\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\/61828"}],"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=61828"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61828\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}