{"id":61832,"date":"2017-07-26T01:56:47","date_gmt":"2017-07-25T18:56:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-leasehold-reform-well-overdue-editorial\/"},"modified":"2017-07-26T02:23:43","modified_gmt":"2017-07-25T19:23:43","slug":"the-guardian-view-on-leasehold-reform-well-overdue-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-leasehold-reform-well-overdue-editorial\/","title":{"rendered":"The Guardian view on leasehold reform: well overdue | Editorial"},"content":{"rendered":"


\nThe big homebuilders have been riding roughshod over planning authorities and housebuyers for decades. They need to brought under control, nowThe leasehold exploitation that the Guardian has been campaigning against for several years is to be stopped within weeks. This is welcome news indeed for the future, though not for the hundreds of people who bought new flats and houses, mainly in the north-west of England, without knowing the risk of exploitation from buying only a leasehold rather than a more expensive freehold. Some\u00a0householders have been left with a home that is all but worthless because the freehold has been sold on to a finance company that is levying huge charges from leaseholders for alterations and\u00a0improvements, while quoting an absurd price to buy the freehold outright.Not\u00a0before\u00a0time, the communities secretary, Sajid Javid, has announced proposals to make leasehold fairer. Selling houses leasehold will be banned altogether, and the ground rent for new flats sold leasehold will be set at a peppercorn level. These are practical proposals, first put forward by Labour last year. But they do nothing for more than a million people, many of them first-time buyers, who are already trapped in the leasehold nightmare. Continue reading…
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\nSource : theguardian.com
\nRead more…The Guardian view on leasehold reform: well overdue | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The big homebuilders have been riding roughshod over planning authorities and housebuyers for decades. They...<\/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-61832","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-g5i","jetpack-related-posts":[{"id":80689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-on-disputed-birmingham-leasehold-flats-goes-on-sale\/","url_meta":{"origin":61832,"position":0},"title":"Freehold on disputed Birmingham leasehold flats goes on sale","date":"February 22, 2018","format":false,"excerpt":"\r As tenants claim ground rent has devalued their homes, law watchdog warns on leaseholdsThe freehold to a 1960s block of flats near Birmingham regarded as the worst example of leasehold abuse in Britain will be auctioned on Thursday, as a new report warns that the leasehold system is on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-of-worst-leasehold-abuse-block-sold-for-180000\/","url_meta":{"origin":61832,"position":1},"title":"Freehold of 'worst leasehold abuse' block sold for \u00a3180,000","date":"February 23, 2018","format":false,"excerpt":"\r Anonymous buyer picks up right to collect soaring ground rents on Blythe Court flats from freeholder MPs described as crookThe freehold to a block of flats in Birmingham regarded as the worst example of leasehold abuse in the country has been snapped up by an anonymous buyer for \u00a3180,000.\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":61832,"position":2},"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":70386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-prefer-leasehold-properties-in-current-en-bloc-boom\/","url_meta":{"origin":61832,"position":3},"title":"Developers prefer leasehold properties in current en bloc boom","date":"October 30, 2017","format":false,"excerpt":"\r The current en bloc frenzy has bucked the trend as developers favoured leasehold properties over freehold ones, reported the Business Times. A Cushman & Wakefield study showed that the proportion of leasehold residential properties sold en bloc \u2013 by number of units \u2013 has risen to 92 percent in\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":61832,"position":4},"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":113509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-reform-plans-branded-nothing-more-than-tinkering\/","url_meta":{"origin":61832,"position":5},"title":"Leasehold reform plans branded 'nothing more than tinkering'","date":"January 9, 2020","format":false,"excerpt":"\r Law Commission aims to make it cheaper for leaseholders to buy freehold or extend lease The Law Commission has set out a range of proposals which it said will make it cheaper for Britain\u2019s four million leaseholders to buy their freehold or extend their lease. However, the reforms were\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\/61832"}],"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=61832"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61832\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}