{"id":62184,"date":"2017-07-29T13:00:43","date_gmt":"2017-07-29T06:00:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/victory-new-build-leaseholds-banned-but-what-of-those-already-trapped\/"},"modified":"2017-07-29T13:09:44","modified_gmt":"2017-07-29T06:09:44","slug":"victory-new-build-leaseholds-banned-but-what-of-those-already-trapped","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victory-new-build-leaseholds-banned-but-what-of-those-already-trapped\/","title":{"rendered":"Victory! New-build leaseholds banned \u2026 but what of those already trapped?"},"content":{"rendered":"


\nThe government has proposed a total ban on new-build leasehold houses, but existing homebuyers say they remain trapped, forced to pay large fees. We report on the latest twists in the growing scandalMany leasehold homeowners face being charged hundreds of pounds just to obtain permission to switch to a new mortgage, Guardian Money can reveal. And some must even hand over a fee to the freehold owner if they want a pet. It\u2019s the latest twist in the growing scandal of unfair and outrageous demands made by private companies that snap up freeholds from developers, then hit homeowners with huge costs.The government this week announced plans to ban leasehold on future new-build homes, and cut ground rents on new flats to as low as zero. But those already trapped in spiralling ground rent contracts say the nightmare will continue until developers are forced to pay compensation. Continue reading…
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\nSource : theguardian.com
\nRead more…Victory! New-build leaseholds banned \u2026 but what of those already trapped?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government has proposed a total ban on new-build leasehold houses, but existing homebuyers say...<\/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-62184","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-gaY","jetpack-related-posts":[{"id":61796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victims-of-ground-rent-scandal-demand-action-on-existing-abuses\/","url_meta":{"origin":62184,"position":0},"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":54927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-is-biggest-problem-for-uk-homeowners-study-finds\/","url_meta":{"origin":62184,"position":1},"title":"Leasehold is biggest problem for UK homeowners, study finds","date":"May 16, 2017","format":false,"excerpt":"\r \u2018Money-grabbing scheme\u2019 traps many new buyers with spiralling ground rents, says HomeOwners AllianceLeasehold has become the number one concern for homeowners in the UK, according to a new study, after it emerged that many new homebuyers have been trapped by spiralling ground rents.The annual survey of property owners by\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":62184,"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":63022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/breakthrough-in-leasehold-scandal-as-countryside-buys-back-freeholds\/","url_meta":{"origin":62184,"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":128809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-more-homeowners-in-uk-to-be-refunded-for-doubling-ground-rents\/","url_meta":{"origin":62184,"position":4},"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":61784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-houses-and-the-ground-rent-scandal-all-you-need-to-know\/","url_meta":{"origin":62184,"position":5},"title":"Leasehold houses and the ground rent scandal: all you need to know","date":"July 25, 2017","format":false,"excerpt":"\r Campaigners say 100,000 homebuyers in England are trapped in developer contracts with spiralling costs \u2013 how did this happen?Britain has had leasehold homes for hundreds of years, but only in the past few months has the ground rent scandal exploded. Now the government is proposing a complete ban on\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\/62184"}],"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=62184"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62184\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=62184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=62184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=62184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}