Thousands of leaseholders freed from doubling of ground rents

Countryside Properties to remove such terms from contracts after CMA investigation

Thousands of people who bought leasehold homes from housing developer Countryside Properties will be freed from costly contract terms, following an investigation by consumer watchdog the Competition and Markets Authority.

, Thousands of leaseholders freed from doubling of ground rents, The Nzuchi Times Guardian

The CMA has been looking into the practice by Countryside and other property developers of doubling ground rent every 10 to 15 years.

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