Jeffrey Fairburn, Persimmon CEO, drops ‘virtual freehold’ when selling leasehold

Following a request by LKP Jeffrey Fairburn, Persimmon CEO, has agreed to remove future references to “virtual freehold” in relation to their leasehold sales. An information leaflet titled ‘Leasehold: The facts’, circulated in the North West and passed to LKP, has the following: “How long is the Persimmon leasehold? “It’s a 999-year lease – known … Continue reading Jeffrey Fairburn, Persimmon CEO, drops ‘virtual freehold’ when selling leasehold