7 May

Taylor Wimpey joins OTM as it battles leasehold scandal investigation

first_imgHome » News » Land & New Homes » Taylor Wimpey joins OTM as it battles leasehold scandal investigation previous nextLand & New HomesTaylor Wimpey joins OTM as it battles leasehold scandal investigationThe UK’s third largest builder is to advertise its properties and developments on the portal, joining many of the other major construction firms including Barratt and Persimmon.Nigel Lewis14th September 202004,062 Views OnTheMarket.com has signed up the UK’s second-largest house builder Taylor Wimpey to advertise its properties and developments on its website.But the announcement comes just ten days after the builder was named as one of the four big construction firms to be investigated by the Competition and Markets Authority (CMA) as part of the ongoing ‘leasehold property trap’ scandal.The OTM announcement today makes no mention of this, instead highlighting the builder’s four-star Trust Pilot rating and commitment to build high-quality homes.Taylor Wimpey joins several of its competitors on the platform several of which were also highlighted within the recent CMA investigation announcement on September 4th.This is to look at practices such as soaring ground rent charges, punitive permission fees and developers selling freeholds behind homeowners’ backs, all of which have left some home owners in unsellable and mortgageable properties.The other builders involved are Barratt Developments, Countrywide Properties and Persimmon.Helen Whiteley (left), Commercial Director of OnTheMarket, says: “Taylor Wimpey is one of the UK’s largest house builders, is a highly successful business and has a UK wide geographic reach.“I am delighted that another major player in the industry has decided to join OnTheMarket.”Ceri Pearce, UK Sales & Marketing Director from Taylor Wimpey, says: “We have watched as OnTheMarket has gathered momentum to become an established portal and believe now is the right time for us to join.We look forward to finding a new stream of motivated buyers as a result of this new partnership.”Barratt Developments OnTheMarket.com Taylor Wimpey September 14, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img

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