Langford Jones Homes

2022 - 7 - 5

Post cover — Image courtesy of "NEWS.com.au"

All staff fired as another builder collapses (NEWS.com.au)

Dream gone': Customers reeling as another Victorian builder goes bust · 'My dream is gone' · rising costs for construction materials and the ongoing supply chain ...

This has also destroyed our plans for a retirement by the sea,” he told news.com.au. The customer told him that their pipes had also been cut, which he assumes was out of anger towards the builder. By the time I left, probably 60 per cent of the houses weren’t making any money,” he said. “So many people now that are in such a horrible position,” he added. I’ve gone without holidays, I don’t spend a lot (so I could afford my dream home).” “Our requests for information as to the progress of a building permit went unanswered,” he said. According to liquidation documents obtained by news.com.au, the home builder owes $14.2 million in unsecured credit and has more than 300 creditors. David Drummond and his wife, in their late 60s, said they are “devastated” and that the company’s winding up “will be a huge financial loss for us”. Tears are rolling down my face (right now).” Stream more business news live & on demand with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. One time, the rain was so “horrendous” Ms Taylor rushed to her building site and used a mop and a broom to wipe away the water.

Langford Jones Homes collapse: construction industry crisis Australia (Daily Mail)

Victorian builder Langford Jones Homes was the latest to go under, ceasing trading last Thursday owing creditors more than $10million.

But firms are now being forced into slashing the prices of wood due to excessive levels of stock and losing money on the materials. 'The government need to lead on it, not just with legislation but by taking the lead. 'If iron ore goes up, that has a direct impact on the cost of steel. They're going to feel the pain a lot sooner and a lot more harshly.' 'Of all the companies I have worked for this one really felt like home. It's less now about supply availability, but energy costs are going through the roof, commodity prices continue to rise, material costs are still increasing. We've had a massive house build resurgence in the last two years with the New Home Grant,' Mr Mackey told Daily Mail Australia. 'Currency effects aside, for most of 2021 the Australian construction industry was affected by project uncertainty linked to Covid, which had a dampening effect on demand in most cities. There's always a half glass full approach to the industry which isn't helping,' the Arcadis Executive Director said. We're not going to be talking about builders going under but a complete lack of jobs,' he told Daily Mail Australia. Indeed, that is already happening in many capital-city markets as materials, commodities and labour cost pressures bite.' Electrical products, PVC, and roofing materials are also getting more expensive.

Langford Jones Homes collapses, leaving homeowners in limbo (The Sydney Morning Herald)

At least 65 homeowners are in limbo as another Victorian house builder collapses under pressure from construction costs, supply chain delays and labour ...

They will have to go through the liquidation process and submit a claim,” Stone said. Stone said all homeowners had been notified of the builder’s collapse and been given access to their property and had their keys returned. The builder has projects in Melbourne’s bayside and south east suburbs and in Phillip Island.

Award-winning builder goes under - South Gippsland Sentinel Times (South Gippsland Sentinel-Times)

CREDITORS of the Bentleigh East based building firm, Langford Jones Homes, have been advised by the liquidator, RSM Australia Partners, that the firm ...

A resolution, to go into voluntary liquidation, was passed at a meeting of members of the Companies on June 30, 2022. CREDITORS of the Bentleigh East based building firm, Langford Jones Homes, have been advised by the liquidator, RSM Australia Partners, that the firm entered into external administration on July 1, 2022. CREDITORS of the Bentleigh East based building firm, Langford Jones Homes, have been advised by the liquidator, RSM Australia Partners, that the firm entered into external administration on July 1, 2022.

'Thirty grand down the toilet with no house': Home owners in limbo ... (The Age)

At least 65 home owners are in limbo as another Victorian house builder collapses under pressure from construction costs, supply chain delays and labour ...

She said she had “no sympathy” for Langford Jones Homes. She entered into contracts with Langford in November 2020, but said it took until June, 2021, for a permit to be issued. More than a year later and after, according to Burns, another $15,000 put down for additional costs, his block is empty. We’ve been renting for the last three years and rent’s not cheap down here. They will have to go through the liquidation process and submit a claim,” he said. Many builders across the country are under stress, including high-profile businesses such as Metricon Homes and top-tier construction firm Probuild, which went into administration in February.

Owners in limbo as Langford Jones Homes collapses (ABC News)

Langford Jones Homes has become Victoria's latest building company to collapse, as rising costs and supply chain pressures take a toll.