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The Independent UK

Business

Holly Williams

New build homeowners could be set for £4.5bn payout – here’s who is eligible

CMA Great Britain Britain Lawsuit the Competition Appeal Tribunal

A significant class action lawsuit is poised to target seven of Britain's largest housebuilders, potentially seeking up to £4.5 billion in compensation for homebuyers.

The legal challenge, spearheaded by Mark McLaren, a former parliamentary and legal affairs manager at consumer group Which?, alleges that consumers were forced to pay inflated prices for new-build properties due to anti-competitive practices by the firms.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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