Sebastian O'Kelly from the Leasehold Knowledge Partnership (LKP) speaks with Shelagh Fogherty on the day the Competition and Markets Authority announces enforcement action against Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey.
The move comes after the CMA uncovered troubling evidence of potentially unfair terms concerning ground rents in leasehold contracts and potential mis-selling. It is concerned that leasehold homeowners may have been unfairly treated and that buyers may have been misled by developers.
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