Porter Davis collapse: what happens next? | Muswellbrook Chronicle
Porter Davis customers are in limbo with their new homes.
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Porter Davis customers are in limbo with their new homes.
Liquidators appointed to take over collapsed Victorian home builder Porter Davis have warned some customers who had paid a deposit, but not had received permits, have been left uninsured.
Customers of failed home builder Porter Davis were further enraged after they could not log into an information session about their unfinished properties where many learnt they would lose their deposits.
Property owners caught up in the collapse of Porter Davis will lose their deposits as plans for their homes are held hostage.
Porter Davis Homes (PDH) Group has officially collapsed, with Grant Thornton Australia appointed liquidators of the company which has now left 1,700 unfinished homes in the lurch across Victoria and Queensland.