{"id":80778,"date":"2018-02-23T05:45:49","date_gmt":"2018-02-22T22:45:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-of-worst-leasehold-abuse-block-sold-for-180000\/"},"modified":"2018-02-23T06:03:17","modified_gmt":"2018-02-22T23:03:17","slug":"freehold-of-worst-leasehold-abuse-block-sold-for-180000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-of-worst-leasehold-abuse-block-sold-for-180000\/","title":{"rendered":"Freehold of 'worst leasehold abuse' block sold for \u00a3180,000"},"content":{"rendered":"


\nAnonymous 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. The deal leaves buyers of the small one-bedroom flats \u2013 who thought they would be paying just \u00a3250 a year in ground rent \u2013 locked into bills of up to \u00a38,000 a year and ultimately spiralling to \u00a38m a year over the life of the lease. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Freehold of ‘worst leasehold abuse’ block sold for \u00a3180,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Anonymous buyer picks up right to collect soaring ground rents on Blythe Court flats from...<\/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-80778","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-l0S","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":80778,"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":61832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-leasehold-reform-well-overdue-editorial\/","url_meta":{"origin":80778,"position":1},"title":"The Guardian view on leasehold reform: well overdue | Editorial","date":"July 26, 2017","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-dilemma-extend-a-lease-now-or-wait-for-a-better-deal\/","url_meta":{"origin":80778,"position":2},"title":"Leasehold dilemma: extend a lease now or wait for a better deal?","date":"January 6, 2019","format":false,"excerpt":"\r As a government consultation continues, it\u2019s a crucial and costly issue facing the owners of flats and housesAmong the myriad of decisions homebuyers and owners have to contend with is leasehold. The number of years left on a lease is crucial when it comes to remortgaging or selling your\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/older-hdb-resale-flats-depreciate-slower-than-private-condos-study\/","url_meta":{"origin":80778,"position":3},"title":"Older HDB resale flats depreciate slower than private condos: study","date":"February 14, 2019","format":false,"excerpt":"\r The rate of price decline for older HDB flats was 3.0 percent, compared to older freehold and leasehold private units which depreciated by over 10 and 30 percent respectively. Prices of HDB resale flats depreciated slower than private non-landed homes (leasehold or freehold) when they reach 30 years and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/02\/Price-change-in-residential-properties-as-they-age.jpg?fit=903%2C716&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":172338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-market-is-dead-why-arent-flats-in-england-selling\/","url_meta":{"origin":80778,"position":4},"title":"\u2018The market is dead\u2019: why aren\u2019t flats in England selling?","date":"August 8, 2026","format":false,"excerpt":"\r Figures show most leasehold flats in England do not find a buyer within six months, despite slashed prices\u2018The market is dead for flats,\u201d says Susan Young*, who has been trying for some time without success to sell her two-bed flat in a popular Devon seaside resort.The first-floor property is\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":80778,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/80778"}],"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=80778"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/80778\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=80778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=80778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=80778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}