Ground rent ‘scandal’ shakes Taylor Wimpey

Eurozone crisis live + Inflation | The Guardian. While London house prices are falling, rents are going up.. with Taylor Wimpey and Berkeley Group both losing 3%.

Sunday Times reports taylor wimpey ground rent scandal, as executives meet leaseholders By admin on Nov 28, 2016 09:22 am The Taylor Wimpey ground.

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Attwells have the expertise needed to act on your behalf to deal with the doubling ground rent issue within Taylor Wimpey leases. Taylor Wimpey, one of the UK’s largest housing developers have set aside £130m for their Ground Rent Review.

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Taylor Wimpey’s doubling of leasehold ground rents has drawn attention to what could be a wider industry practice that has drawn increasing criticism from MPs and campaign groups as well as anguished homeowners Amid national newspaper reports of a leasehold homes "scandal", housebuilder Taylor.

Taylor Wimpey earmarks 130m to help leaseholders hit by rent review clauses – Taylor Wimpey said it has entered into negotiations with the owners of the freeholds who hold the power to double ground rent in order to alter the terms. the situation "nothing short of a national. taylor wimpey ground rent Scandal: Specialist Negligence.

The Council of Mortgage Lenders (CML) is planning action on the ground rent scandal which MPs have called ‘the PPI of the building industry.’ The issue involves ground rent clauses on the sale of new houses which would double the rent every 10 years.

Update on the leasehold review. taylor wimpey is introducing a scheme to help customers who purchased directly from us and who still own properties which have a lease with a ten year doubling ground rent clause. For further information on the Taylor Wimpey Ground Rent review assistance scheme.

 · 9. So how about a tax on the consumption’ of land? This cannot be created, destroyed or taken abroad, so all you’d be doing is replacing privately collected taxes (ground rents) with publicly collected taxes (Land Value Tax) and reducing publicly collected taxes.