{"id":62180,"date":"2017-07-29T13:00:43","date_gmt":"2017-07-29T06:00:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-have-to-end-the-horror-of-this-feudal-leasehold-system\/"},"modified":"2017-07-29T13:09:43","modified_gmt":"2017-07-29T06:09:43","slug":"we-have-to-end-the-horror-of-this-feudal-leasehold-system","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-have-to-end-the-horror-of-this-feudal-leasehold-system\/","title":{"rendered":"We have to end the horror of this feudal leasehold system"},"content":{"rendered":"


\nWe could publish horror stories every week \u2013 and not just on doubling ground rentsThe entire parasitic structure of leasehold in England and Wales is, finally, beginning to wobble \u2013 and with a bit more prodding we could see it crash. The long campaign led by Sebastian O\u2019Kelly at the Leasehold Knowledge Partnership has had its first success, with the government proposing\u00a0a ban on new leasehold houses, while new flats will see ground rents cut\u00a0to zero. But we need to go much, much further.We could publish horror stories about leasehold every week in Guardian Money, which have nothing to do with the issue of doubling ground rents. Take the apartment owners held to ransom when their lease starts falling below 80 years. Avaricious freeholders make absurdly inflated demands to award a lease extension, safe in the knowledge they hold all the negotiating cards. Continue reading…
\n
\nSource : theguardian.com
\nRead more…We have to end the horror of this feudal leasehold system<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We could publish horror stories every week \u2013 and not just on doubling ground rentsThe...<\/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-62180","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-gaU","jetpack-related-posts":[{"id":61962,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-trapped-in-my-leasehold-property-by-ever-doubling-ground-rent\/","url_meta":{"origin":62180,"position":0},"title":"I\u2019m trapped in my leasehold property by ever-doubling ground rent","date":"July 27, 2017","format":false,"excerpt":"\r I was unaware of this clause in my contract when I bought the flatI am a homeowner trapped in a leasehold property which seems unsaleable. When I bought the 11-year-old flat five years ago I was unaware of a clause in the contract which allows the ground rent to\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":62180,"position":1},"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":[]},{"id":50966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-nightmare-will-cost-homebuyers-billions-report-warns\/","url_meta":{"origin":62180,"position":2},"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":[]},{"id":80778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-of-worst-leasehold-abuse-block-sold-for-180000\/","url_meta":{"origin":62180,"position":3},"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":113509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-reform-plans-branded-nothing-more-than-tinkering\/","url_meta":{"origin":62180,"position":4},"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":[]},{"id":117934,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/englands-leasehold-system-is-crumbling-freeholders-fightback-will-be-nasty-patrick-collinson\/","url_meta":{"origin":62180,"position":5},"title":"England\u2019s leasehold system is crumbling. Freeholders' fightback will be nasty | Patrick Collinson","date":"July 23, 2020","format":false,"excerpt":"\r There was good news this week for 4.3 million homeowners. But it\u2019s not time to celebrate yetA report by the Law Commission published this week should have made uplifting reading for the 4.3 million homeowners in England and Wales trapped in our feudal leasehold system. It appeared to (finally)\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\/62180"}],"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=62180"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=62180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=62180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=62180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}