CMA forces Countryside Properties plc to strike out doubling ground rents: it was selling them as late as May 2017!

The Competition and Markets Authority has today forced Countryside Properties plc to strike out doubling ground rent terms even in leases where it has flogged on the freehold. This means that ground rents designed to double every 10 or 15 years will no longer increase and will remain at the amount charged when cheated customers … Continue reading CMA forces Countryside Properties plc to strike out doubling ground rents: it was selling them as late as May 2017!