CMA – some movement on ground rents

July/August 2021 | Conveyancing

Conveyancers will no doubt have noted the CMA’s report that following its investigation into the ‘ground rent scandal’, two companies are voluntarily taking action. The CMA reports that: ‘Aviva has committed to remove certain terms from its leasehold contracts which cause ground rents to double, and Persimmon will now offer leasehold house owners the opportunity …

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