Seven of Britain’s biggest housebuilders have offered to pay £100 million to fund affordable housing after an investigation into alleged anti-competitive practices.
The seven, Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry, allegedly exchanged details about housing sales including pricing, number of property viewings, and incentives offered to buyers such as upgraded kitchens or stamp duty contributions.
