R E L A T E D   C O N T E N T
ADVERTISEMENT

Deloitte administrates home builders squeezed by crunch

Penny Sukhraj, Accountancy Age, 15 Jul 2008

Deloitte said it would be in touch with people involved in the developments

Deloitte has been called in to administrate a house-builder in South Wales, which was forced to abandon building projects halfway due to the credit crunch.

Ballantyne Homes has left 15 homes incomplete at Vivian Park in Port Talbot, with 20 other plots in varying stages of construction in Pembrey.

Deloitte said it will take advice on how to dispose of the unfinished homes and will be in touch with people involved in the developments, the BBC reported.

'Offers made by individuals for properties will be considered by the administrators' agents, DTZ, and they will be contacted by them in due course. DTZ will also review the development sites and advise the administrators on the best method of disposal,' a Deloitte spokeswoman said.

Further reading:

Residents in dark as firm hits rocks

Half-built homes as firm closes

Tags:

  • Have your say
  • Send to a friend
  • Share
  • Print

Have your say

ADVERTISEMENT
M A R K E T P L A C E
Sponsored links
| WH Marks Sattin
Are you a Spanish or Portuguese speaking graduate or ‘first jobber’ with strong numeracy and communication skills, a desire to be part of a rapidly expanding business and entrepreneurial in outlook? My client is a ... more >
| Badenoch & Clark
Leading charitable organisation is seeking to recruit a Finance Manager. This critical role is within a highly respected team, which is collectively responsible for effective corporate and business planning. The role reports into the Head ... more >
| Badenoch & Clark
Assistant Accountant required for a large multinational, Blue Chip organisation based in the Thames Valley. This role has become available due to the current incumbent being seconded, due to this our client will require the ... more >
| Badenoch & Clark
Assistant Accountant required for a large Public Sector organisation based in the Thames Valley. This role has become available due to an internal re-structure, due to this our client is looking to appoint a candidate ... more >
More Jobs in Finance
ADVERTISEMENT
Job zone
Job of the week
Related jobs
Search for a job
 
> More Financial Director jobs
ADVERTISEMENT