|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.57 - 11.68|
|52-week range||6.54 - 12.06|
|Beta (5Y monthly)||1.28|
|PE ratio (TTM)||6.03|
|Forward dividend & yield||0.58 (5.18%)|
|Ex-dividend date||09 Apr 2021|
|1y target est||N/A|
Persimmon Homes and a fund managed by Aviva have agreed to measures called for by Britain's competition regulator as part of an ongoing investigation into possible mis-selling of leasehold homes and high ground rents. Insurer Aviva will remove "unfair" ground rent terms and repay owners whose rents were doubled, the Competition and Markets Authority (CMA) said on Wednesday. Persimmon will offer leasehold owners an option to get complete ownership of their property at lower rates.
Persimmon and Aviva to refund leaseholders after UK rent inquiryHousebuilder and insurer agree to make payments after watchdog uncovers evidence of overcharging The CMA identified a range of abuses including homeowners having to pay escalating ground rents. Photograph: Bloomberg/Getty
The Competition and Markets Authority warned the wider sector to review its practices or face legal action.