{"id":69980,"date":"2017-10-25T13:00:01","date_gmt":"2017-10-25T06:00:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/profits-dwarf-meaningless-fines-for-londons-buy-to-leave-owners\/"},"modified":"2017-10-25T13:03:06","modified_gmt":"2017-10-25T06:03:06","slug":"profits-dwarf-meaningless-fines-for-londons-buy-to-leave-owners","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/profits-dwarf-meaningless-fines-for-londons-buy-to-leave-owners\/","title":{"rendered":"Profits dwarf 'meaningless' fines for London's buy-to-leave owners"},"content":{"rendered":"


\nAccidentally leaked data in Kensington and Chelsea reveals a total of just \u00a385,000 in penalty fines last year across \u00a3500m worth of empty propertyThe gains to London property investors from leaving homes empty has far outstripped the penalties they face doing so, a Guardian investigation has learned. Owners of homes with a combined value of over \u00a3500m in the ultra-rich borough of Kensington and Chelsea were fined a total of just \u00a385,000 for leaving them empty last year, a survey of vacant properties suggests. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Profits dwarf ‘meaningless’ fines for London’s buy-to-leave owners<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Accidentally leaked data in Kensington and Chelsea reveals a total of just \u00a385,000 in penalty...<\/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-69980","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-icI","jetpack-related-posts":[{"id":62595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revelations-about-empty-homes-in-grenfell-area-simply-unacceptable\/","url_meta":{"origin":69980,"position":0},"title":"Revelations about empty homes in Grenfell area 'simply unacceptable'","date":"August 2, 2017","format":false,"excerpt":"\r Labour condemns large number of empty homes in Kensington and Chelsea after Guardian revealed there were 1,652 vacant propertiesLabour has condemned as \u201csimply unacceptable\u201d revelations that 1,652 properties are unoccupied in the London borough where the Grenfell Tower fire took place, calling for government action to bring them back\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-the-inequality-stupid-homes-should-be-lived-in-not-traded-dawn-foster\/","url_meta":{"origin":69980,"position":1},"title":"It\u2019s the inequality, stupid. Homes should be lived in, not traded | Dawn Foster","date":"June 3, 2016","format":false,"excerpt":"\r The vision of houses as assets, and an economy that revolves around south-east England, create an imbalance that scuppers all our chances of securityThroughout the country, on any given night, some streets are darker than others, with no inhabitants to make the slightest noise. In London\u2019s Kensington, or The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deutsche-bank-hit-with-500m-money-laundering-fines\/","url_meta":{"origin":69980,"position":2},"title":"Deutsche Bank hit with \u00a3500m money laundering fines","date":"January 31, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Deutsche Bank hit with \u00a3500m money laundering fines","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-luxury-homeowners-turn-to-airbnb-as-sales-slow\/","url_meta":{"origin":69980,"position":3},"title":"London luxury homeowners turn to Airbnb as sales slow","date":"March 27, 2017","format":false,"excerpt":"\r Luxury-home owners in London's best districts, of whom 41 per cent are from overseas, are turning to companies such as Airbnb and property brokers to secure income as their properties languish on the market. Others are trying to boost leasing income with shorter contracts after long-term rents in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-could-end-the-buy-to-leave-scandal-if-the-political-will-were-there-polly-toynbee\/","url_meta":{"origin":69980,"position":4},"title":"We could end the buy-to-leave scandal \u2013 if the political will were there | Polly Toynbee","date":"August 3, 2017","format":false,"excerpt":"\r Property 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-tumble-in-londons-most-expensive-neighbourhoods\/","url_meta":{"origin":69980,"position":5},"title":"House prices tumble in London's most expensive neighbourhoods","date":"February 8, 2017","format":false,"excerpt":"\r Home values in the Bayswater district fell 14 per cent in the 12 months through January, the biggest drop in central London's best neighborhoods, as sellers cut their asking prices in the wake of the Brexit vote.Values dropped by an average of 6.7 per cent across the capital's best\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\/69980"}],"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=69980"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/69980\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=69980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=69980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=69980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}