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Will your builder go bust and will you go with him?

Headlines have been full of detail describing the recent demise of  home building companies and the subsequent heartache and sometimes financial ruin of their clients and unpaid subcontractors.

Building or substantially renovating a home is usually the most costly investment a person makes in their lifetime, (aside from buying a completed 2nd hand house).

It can also be one of the most stressful processes to go through; decisions to make on finishes: changes to design when you decide you don’t like the aspect from the kitchen; cost blowouts from unforeseen events, usually in the early foundation stages, and the list can go on! Read the rest of this entry »