Countryside Properties PLC (CSP.L)
LSE - LSE Delayed price. Currency in GBp
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530.00+3.50 (+0.66%)
At close: 4:54PM BST
| Previous close | 526.50 |
| Open | 526.50 |
| Bid | 530.50 x 0 |
| Ask | 531.50 x 0 |
| Day's range | 525.50 - 533.00 |
| 52-week range | 319.80 - 579.50 |
| Volume | 405,287 |
| Avg. volume | 1,334,454 |
| Market cap | 2.781B |
| Beta (5Y monthly) | 1.55 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.70 |
| Earnings date | 10 May 2021 - 14 May 2021 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 19 Dec 2019 |
| 1y target est | N/A |
- Yahoo Finance UK
Countryside Properties forced to scrap ground rent rises after CMA probe
Countryside Properties has formally committed to make changes for the benefit of leaseholders.
- The Independent
Countryside Properties latest developer to scrap unfair lease contracts
The company has agreed to end the doubling of ground rents every 10 to 15 years following an investigation by the Competition and Markets Authority.
- Reuters
UK's Countryside drops rent doubling clauses after settlement
The company said it would set aside 5 million pounds ($6.9 million), in addition to a 10-million-pound previous provision to repay affected customers as part of a ground rent assistance scheme. Ground rent is a fee paid by leaseholders to cover the land a home sits on. Britain's Competition and Markets Authority (CMA) launched an investigation last September, filing cases against property developers Barratt, Taylor Wimpey and Persimmon besides Countryside.
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