The home-building boom is being blamed for the collapse of a construction firm working on 25 house sites between Clevedon and Warkworth.
Wednesday, October 29th 2003, 6:15AM
by The Landlord
The liquidators for Heartland Homes said in an initial report that the rising cost of materials and labour – fuelled by the boom – was one cause of the company's demise.
The Master Builders Federation is helping Heartland clients.
Under a guarantee system, Master Build Services – a subsidiary of the federation – has backed the Heartland building deals.
Master Build is legally obliged to find new builders and fix problems at sites where Heartland had been building.
