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Year: 2022
Date: 18 March, 2022
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: One of 15 businesses who made a formal commitment to the CMA to remove terms from leasehold contracts that caused ground rents to double in price every 10 years, after enforcement action concerning unfair practices in the housing market.
Action Type: agency action
Settlement Type: Undertaking with the CMA
Agency: Competition and Markets Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: non-profit
Major Industry of Parent: miscellaneous services
Specific Industry of Parent: housing association
Source of Data: (click here)