New-build homebuyers could be owed thousands over alleged price inflation
More than 700,000 new-build buyers could be affected by a legal claim worth up to £4.5bn over alleged price inflation by major housebuilders.
More than 700,000 new-build buyers could be affected by a legal claim worth up to £4.5bn over alleged price inflation by major housebuilders.
Legal claim alleges some of Britain’s largest housebuilders shared sensitive pricing information, inflating the costs for new-build homes for buyers.
The UK competition watchdog has raised concerns about poor quality new housing and high estate management charges. It has also opened an investigation into eight housebuilders over sharing of pricing information.