21-03-2019 20:49 via theguardian.com

Persimmon's new homebuyers' 'retention' at least shows willing

It’s obviously an attempt at a reputation fix, but it’s still a sound principle for Help to BuyPersimmon described it as a homebuyer’s “retention”, but could have called it the Jeff Fairburn memorial clause. Buyers of Persimmon houses will be able to withhold 1.5% of the purchase price, or £3,600 on average, until the builder has fixed any faults. It is an eye-catching gesture designed to combat Persimmon’s reputation for corporate greed, as embodied by
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