Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2021
Date: 22 December, 2021
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Taylor Wimpey 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: publicly traded
Major Industry of Parent: construction and engineering
Specific Industry of Parent: homebuilding
Source of Data: (click here)