We are not involved I hasten to add.
There is a small plot of new builds in our village, 6 or 8 houses in total. Mix of semi and I think the end ones might be detached, 2 story houses
They are at various stages, some have the walls pretty much built and roof trusses in, no roof otherwise though. Then as you go down the line they are less progressed to first floor wall only.
We know the developer went bust, going back 4-5 months now, and it's an eerie place. You can tell the workers literally up and left, pallets of bricks and building materials left, even things like a water bottle. Some of the tops of the walls as they are part built are being held by bits of timber.
We are wondering what is going to happen with these structures?
I'm assuming that it would not be easy/feasible for another developer to take them on a finish them?
If the land were to be acquired by another developer, they'd have to demolish what's there already, adding significantly to the cost and make it unattractive?
The current developer will be tied in litigation for some time anyway?
I know people have paid deposits to the developer I'm guess they have lost those.
Seems we are going to be left with a building site in our little village for some time to come?
There is a small plot of new builds in our village, 6 or 8 houses in total. Mix of semi and I think the end ones might be detached, 2 story houses
They are at various stages, some have the walls pretty much built and roof trusses in, no roof otherwise though. Then as you go down the line they are less progressed to first floor wall only.
We know the developer went bust, going back 4-5 months now, and it's an eerie place. You can tell the workers literally up and left, pallets of bricks and building materials left, even things like a water bottle. Some of the tops of the walls as they are part built are being held by bits of timber.
We are wondering what is going to happen with these structures?
I'm assuming that it would not be easy/feasible for another developer to take them on a finish them?
If the land were to be acquired by another developer, they'd have to demolish what's there already, adding significantly to the cost and make it unattractive?
The current developer will be tied in litigation for some time anyway?
I know people have paid deposits to the developer I'm guess they have lost those.
Seems we are going to be left with a building site in our little village for some time to come?