A young family's dream of homeownership has turned into a financial and emotional nightmare after their brand new £275,000 property was found to be riddled with over 150 severe defects, rendering it unsafe to live in.
Housebuilder Persimmon reports a sharp drop in profits amid rising mortgage costs and economic uncertainty, as the Bank of England tightens monetary policy.
Major UK housebuilders Persimmon and Balfour Beatty are under fire for allegedly securing government contracts through questionable lobbying practices, raising concerns over transparency and fairness.