{"id":62699,"date":"2017-08-03T18:11:24","date_gmt":"2017-08-03T11:11:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-could-end-the-buy-to-leave-scandal-if-the-political-will-were-there-polly-toynbee\/"},"modified":"2017-08-03T18:17:31","modified_gmt":"2017-08-03T11:17:31","slug":"we-could-end-the-buy-to-leave-scandal-if-the-political-will-were-there-polly-toynbee","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-could-end-the-buy-to-leave-scandal-if-the-political-will-were-there-polly-toynbee\/","title":{"rendered":"We could end the buy-to-leave scandal \u2013 if the political will were there | Polly Toynbee"},"content":{"rendered":"


\nProperty bought as an investment and deliberately left empty is exacerbating the UK\u2019s housing crisis. But government is not powerless\u2022 Polly Toynbee is a Guardian columnistEmpty property bought by investors to sit unused is a scandal the Guardian has exposed this week, finding 1,652 in the Grenfell borough of Kensington and Chelsea alone.Not long ago I interviewed a long-time upmarket estate agent in Knightsbridge, opposite Harrods, who told me she begged foreign buyers to agree to rent out their vacant properties, to no avail. They always refuse. She describes the change she has seen in those streets over recent years, as they turn dark at night, no lights on, with so many mothballed houses sitting there as gold bullion in the bank, not homes for anyone. The area is dying, she says, warning that all the reasons that made it desirable will be lost. John Healey, Labour shadow housing minister, says there are some 200,000 long-term vacant properties, including \u201cthose bought and left empty by speculative investors,\u201d in the wealthiest areas. Continue reading…
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\nSource : theguardian.com
\nRead more…We could end the buy-to-leave scandal \u2013 if the political will were there | Polly Toynbee<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property bought as an investment and deliberately left empty is exacerbating the UK\u2019s housing crisis....<\/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-62699","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-gjh","jetpack-related-posts":[{"id":75081,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homelessness-is-now-the-public-face-of-this-tory-era-polly-toynbee\/","url_meta":{"origin":62699,"position":0},"title":"Homelessness is now the public face of this Tory era | Polly Toynbee","date":"December 21, 2017","format":false,"excerpt":"\r Conservatives give another \u00a310bn to the help-to-buy scheme, benefiting their voters. Imagine what that money could do in the hands of charities the Guardian is supportingGenerous donations are flowing into the Guardian\u2019s appeal for three homeless charities, bursting past \u00a3750,000 less than a fortnight after its launch. But what\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scrap-inheritance-tax-and-tackle-camerons-hypocrisy-head-on-polly-toynbee\/","url_meta":{"origin":62699,"position":1},"title":"Scrap inheritance tax and tackle Cameron\u2019s hypocrisy head-on | Polly Toynbee","date":"April 7, 2016","format":false,"excerpt":"\r No wonder Cameron protected offshore trusts from the EU. Taxing earned and unearned income the same would break this link between privilege and powerYet another secret is out: while David Cameron promised tax transparency, he was privately preventing EU moves to force open secretive trusts, in which Britain uniquely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/those-who-cant-afford-a-home-are-being-abandoned-polly-toynbee\/","url_meta":{"origin":62699,"position":2},"title":"Those who can\u2019t afford a home are being abandoned | Polly Toynbee","date":"April 19, 2016","format":false,"excerpt":"\r Cash from council sell-offs will go to high-earning first-time buyers. It\u2019s a huge blow to social housingIs this the worst thing this government has done? That\u2019s a tough choice for those low-earning households written off as unlikely to vote Tory. Governments come and go, attempting to reverse each other\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34366,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/only-a-decrepit-society-would-deprive-young-families-of-a-home-polly-toynbee\/","url_meta":{"origin":62699,"position":3},"title":"Only a decrepit society would deprive young families of a home | Polly Toynbee","date":"November 15, 2016","format":false,"excerpt":"\r With the autumn statement, Theresa May can finally help the growing precariat. But I\u2019m not holding my breathIn a world turned upside down, we still know surprisingly little about our government. Ignorance is bliss, as Theresa May soars in the polls. With little to go on, people are free\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wales-has-been-brave-enough-to-completely-rethink-the-hated-council-tax-take-note-england-polly-toynbee\/","url_meta":{"origin":62699,"position":4},"title":"Wales has been brave enough to completely rethink the hated council tax. Take note, England | Polly Toynbee","date":"January 30, 2024","format":false,"excerpt":"\r The Senedd\u2019s plan to shift the burden of this levy away from those on lower incomes shows how real levelling up can workIt is the very worst of taxes. (Probably \u2013 there\u2019s tough competition for that title.) 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