Basic Search
|
Summaries
|
Advanced Search
Violation Tracker UK Individual Case
Company: Countryside Properties
Current Parent Company:
Vistry Group PLC
Parent at the Time of the Penalty Announcement: Countryside Properties PLC
Recap of Ownership Changes: In 2022 the company changed its name to Countryside Partnership and then was taken over by Vistry Group.
Penalty: £0
Year: 2021
Date: 15 September, 2021
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Countryside Properties made a formal commitment to the CMA to remove terms from leasehold contracts that caused ground rents to double in price every 10 to 15 years, after enforcement action concerning unfair practices in the housing market.
Action Type: agency action
Agency: Competition and Markets Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: construction and engineering
Specific Industry of Parent: homebuilding
Source of Data:
(click here)
