Yet another home builder has gone into voluntary administration, but they have assured customers the company hasnt gone into liquidation.
Langdon Building says as a result of tough economic conditions, they had made the responsible decision to go into administration and restructure.
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Work on properties will cease for six weeks while the administrators get the business back on track, Tom Elliott said.
The home builder says they remain committed to finishing construction of properties once the administration period ends.
Read the full article at: https://www.3aw.com.au/another-home-building-company-forced-into-voluntary-administration/