Persimmon

Buyer pulls out of Persimmon £219,995 leasehold house purchase

Taylor Wimpey CEO to meet MPs over ‘cancer’ of doubling ground rents (which were deterring astute buyers in 2007!)

Guardian sticks with new-build ground rent scandal, while LKP advises Persimmon home buyers to walk away

Last year: £64.8bn leasehold properties sold. £13.7bn was new-build. Leasehold house numbers double. Developers make £300-500 million a year from ground rent sales

First-time buyers facing £8,000 ground rents stuffed by plc housebuilders

Surge in new-build leasehold houses with £1.9 billion sold last year

Leasehold houses scandal widens as developers face MPs

Disgraceful leasehold houses reported in Guardian today

Average service charges are £1,863, but rise to £2,777 for new builds

Telegraph reports that leasehold newbuild flats are on the rise

Leasehold ‘a lucrative way to stop people from buying their own home outright’ – Daily Mail

Outrageous: Persimmon builds leasehold houses – for the never ending income stream