UK homebuilder Taylor Wimpey drops rent-doubling clauses after settlement

Britain's no. 3 homebuilder Taylor Wimpey will drop contract terms that lock leaseholders into rents that double every 10 years, ending an over year-long probe into the firm by the UK competition watchdog, the regulator said on Wednesday. https://www.nasdaq.com/articles/uk-homebuilder-taylor-wimpey-drops-rent-doubling-clauses-after-settlement