Builders told to remove leasehold terms that trap homeowners

Two major home builders have been told to remove contract terms that mean leaseholders have to pay ground rents that double every 10 or 15 years. The Competition and Markets Authority (CMA) launched enforcement action against 4 housing developers in September 2020. These included Countryside Properties and Taylor Wimpey, for using possibly unfair contract terms,

Countrywide estate agency group wins breach of contract dispute

By Company Commercial

The Countrywide estate agency group has won a contract dispute involving the £38m sale of one of its subsidiaries. The court heard evidence that Countrywide had agreed to sell its subsidiary, Lambert Smith Hampton Limited (“LSH”), to John Bengt Moeller in a share purchase agreement. Countrywide claimed that Moeller failed to pay £38 million needed to complete

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