{"id":94197,"date":"2018-07-19T06:01:28","date_gmt":"2018-07-18T23:01:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/radical-plans-to-end-huge-costs-of-buying-a-freehold-unveiled\/"},"modified":"2018-07-19T06:03:20","modified_gmt":"2018-07-18T23:03:20","slug":"radical-plans-to-end-huge-costs-of-buying-a-freehold-unveiled","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/radical-plans-to-end-huge-costs-of-buying-a-freehold-unveiled\/","title":{"rendered":"Radical plans to end huge costs of buying a freehold unveiled"},"content":{"rendered":"


\nLaw Commission draws up options enabling leaseholders to extend or buy more cheaply Millions of homeowners caught in the so-called \u201cleasehold trap\u201d may be able to buy their freeholds at a fraction of the price currently demanded by ground rent companies, under radical proposals from the Law Commission.One proposal is for a simple formula where leaseholders will pay just 10 times their current ground rent to convert their property from leasehold to freehold. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Radical plans to end huge costs of buying a freehold unveiled<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Law Commission draws up options enabling leaseholders to extend or buy more cheaply Millions of...<\/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-94197","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-ovj","jetpack-related-posts":[{"id":61832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-leasehold-reform-well-overdue-editorial\/","url_meta":{"origin":94197,"position":0},"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":113509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-reform-plans-branded-nothing-more-than-tinkering\/","url_meta":{"origin":94197,"position":1},"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":141376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freeholders-living-off-rentier-structure-with-exorbitant-ground-rent-mps-say\/","url_meta":{"origin":94197,"position":2},"title":"Freeholders living off \u2018rentier structure\u2019 with \u2018exorbitant\u2019 ground rent, MPs say","date":"January 19, 2024","format":false,"excerpt":"\r MPs questioned freeholder groups in committee hearing over leasehold reform billMPs have laid into freeholders for creating a \u201crentier structure\u201d in England and Wales in recent years, charging \u201cexorbitant\u201d ground rents of \u00a38,000 a year in some cases, as a freeholder group pushed back against proposed changes to leasehold\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":94197,"position":3},"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":[]},{"id":172054,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-leasehold-flat-owners-are-being-treated-as-second-class-citizens-letters\/","url_meta":{"origin":94197,"position":4},"title":"When leasehold flat owners are being treated as second-class citizens | Letters","date":"June 23, 2026","format":false,"excerpt":"\r Readers respond to an article on a campaign that is fighting to end the leasehold system in England and WalesI read your article about the National Leasehold Campaign and the problems associated with owning a leasehold property (\u2018The developers got greedy\u2019: the women who took on the leasehold scandal\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leasehold-tycoon-man-whose-firms-control-40000-uk-homes\/","url_meta":{"origin":94197,"position":5},"title":"Leasehold tycoon: man whose firms control 40,000 UK homes","date":"July 29, 2017","format":false,"excerpt":"\r As controversy grows over revelations that leaseholders are being trapped by spiralling ground rents, we look at the property empire of James TuttiettHe does not appear on any rich list but he has built a property empire that rivals that of the Duke of Westminster. Companies controlled by James\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\/94197"}],"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=94197"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94197\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}