Court threat to housebuilders over leasehold ‘trap’
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Four of the UK’s largest housebuilders are being investigated after “troubling evidence” was uncovered over the way leaseholds were sold.
Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey face action from the Competition and Markets Authority (CMA).
Buyers have argued that they were caught in a leasehold trap, with rising ground…