‘It is unacceptable for housing developers to mislead or take advantage of homebuyers’, says CMA
The competition watchdog has launched enforcement action against four of the UK’s leading housing developers – Barratt, Persimmon, Taylor Wimpey and Countryside Properties – after an investigation uncovered evidence that leasehold homeowners and prospective buyers were being misled and charged excessive fees.
The Competition and Markets Authority said the developers may have broken consumer protection laws and has started enforcement action against them.
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