Persimmon has been told to change its corporate culture, following an independent review
Housebuilder to list all of its residential developments on online real estate portal OnTheMarket.
Sales down 6% on same period last year
Housebuilder’s revenue falls 4.5%
Independent review will examine claims of poor customer care and quality control.
Housebuilder delays sales releases in a bid to improve customer satisfaction.
The Court of Appeal upheld the ruling in favour of Persimmon
The housebuilder has fended off an appeal against a damages ruling in its favour.
Review will be led by an independent chair, Stephanie Barwise QC of Atkin Chambers.
Initiative will allow buyers’ solicitors to withhold 1.5% of property’s value until issues are fixed
Housing secretary “increasingly concerned” over leasehold sales and build quality.
Housebuilder expects pre-tax profit for 2018 will be “modestly ahead of current market consensus”