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Builders Gone Bust


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#1 Quokka

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Posted 11 July 2010 - 12:39 AM

I don't want to gloat at their misfortune but a lot of builders must be in trouble. This will certainly present some opportunities for bargain buys in months/years to come.

Please post any links or anecdotes here for NE.

Not sure who builder is here but this lot is up for auction "unfinished"

http://www.rightmove...y-30201623.html

#2 Quokka

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Posted 14 August 2010 - 11:58 PM

I'm sure Bellway aren't bust, although their share price is dropping steadily. But not being able to shift their show house is not a good sign.

Another one to watch in the upcoming Pattinsons auction.

http://www.rightmove...y-27228115.html




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