CMA launches action against housebuilders

Sept. 4, 2020
The Competition and Markets Authority (CMA) has launched enforcement action against Barratt Developments, Countryside, Persimmon and Taylor Wimpey relating to leasehold contracts and “potential mis-selling”. The CMA said it was bringing action, having “uncovered troubling evidence of potentially unfair terms concerning ground rents in leasehold contracts and potential mis-selling”. It stated it was concerned that leasehold home owners may have ...

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