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| Version 0 | Version 1 |
|---|---|
| Half-built homes as firm closes | Half-built homes as firm closes |
| (about 9 hours later) | |
| New home owners have been left living next to half-completed houses after a builder developing two estates in south Wales called in administrators. | New home owners have been left living next to half-completed houses after a builder developing two estates in south Wales called in administrators. |
| Ballantyne Homes has 15 of 40 homes to complete at Vivian Park Mews in Port Talbot and has left 20 plots in varying stages of construction in Pembrey. | Ballantyne Homes has 15 of 40 homes to complete at Vivian Park Mews in Port Talbot and has left 20 plots in varying stages of construction in Pembrey. |
| Administrator Deloitte said it would take advice on how to dispose of them. | Administrator Deloitte said it would take advice on how to dispose of them. |
| Earlier this month work stopped on a half built block of flats in Cardiff Bay because of the credit crunch. | Earlier this month work stopped on a half built block of flats in Cardiff Bay because of the credit crunch. |
| Cardiff-based Ballantyne Homes called in administrator Deloitte at the start of the month. | Cardiff-based Ballantyne Homes called in administrator Deloitte at the start of the month. |
| A spokeswoman for the firm said its team was reviewing the situation the house builder found itself in. | |
| "The company currently has residential development sites in Port Talbot with 15 houses left to complete and in Pembrey with 20 plots in varying stages of construction," she added. | "The company currently has residential development sites in Port Talbot with 15 houses left to complete and in Pembrey with 20 plots in varying stages of construction," she added. |
| Brick shells | Brick shells |
| "Offers made by individuals for properties will be considered by the administrator's agents, DTZ, and they will be contacted by them in due course. | "Offers made by individuals for properties will be considered by the administrator's agents, DTZ, and they will be contacted by them in due course. |
| "DTZ will also review the development sites and advise the administrators on the best method of disposal." | "DTZ will also review the development sites and advise the administrators on the best method of disposal." |
| At Pembrey, near Llanelli, Ballantyne has left an array of new houses at its scheme called Tranquility. | At Pembrey, near Llanelli, Ballantyne has left an array of new houses at its scheme called Tranquility. |
| Some are occupied, others appear to be near completion while there are also just shells where workmen had only just started laying bricks. | Some are occupied, others appear to be near completion while there are also just shells where workmen had only just started laying bricks. |
| Earlier this month Bellway Homes, one of the UK's biggest housing developers, said it had temporarily stopped building a 17-storey building at Prospect Place in Cardiff at the sixth floor because of a lack of demand among buyers. | Earlier this month Bellway Homes, one of the UK's biggest housing developers, said it had temporarily stopped building a 17-storey building at Prospect Place in Cardiff at the sixth floor because of a lack of demand among buyers. |