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Countryside Properties PLC (CUSPY)

Other OTC - Other OTC Delayed price. Currency in USD
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13.100.00 (0.00%)
At close: 10:00AM EDT
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Trade prices are not sourced from all markets
Previous close13.10
Bid0.00 x 0
Ask0.00 x 0
Day's range13.10 - 13.10
52-week range13.10 - 18.55
Avg. volume0
Market cap1.304B
Beta (5Y monthly)1.56
PE ratio (TTM)N/A
EPS (TTM)-0.10
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • 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.

  • Reuters

    UK's CMA asks Taylor Wimpey, Countryside to remove unfair ground rent terms

    Barratt Developments, Persimmon Homes, Taylor Wimpey and Countryside - in relation to possible mis-selling of leasehold homes and high ground rents. The two homebuilders can respond to the watchdog's concerns and avoid court action by signing formal commitments known as 'undertakings' to remove the ground rent terms from their leasehold contracts.