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A1 Homes will work with affected Hawkes Bay home buyers

A1 Homes New Zealand will work with affected Hawkes Bay home buyers

The head-licensor A1 Homes NZ Limited has announced, that in conjunction with Registered Master Builders Association of New Zealand, it will be putting an offer to all of those home owners affected by the recent liquidation of licence-holder Fargher Construction Limited in the Gisborne and Hawkes Bay territories. The affected home owners will be offered an opportunity to have their homes completed on the originally agreed terms.

A1 Homes NZ general manager Matt Cunliffe said they will be working through the two main groups of home owners that have been affected.The first group being A1 Homes clients whose homes are well underway. Their new home builds all have Masterbuild Guarantees which will be upheld as per original contract with the Registered Master Builders Association.

The second group of clients are understood to have paid deposits and signed contracts with FCL, without FCL lodging jobs or obtaining Master Builders Guarantees. This process will be more challenging as all deposits have been lost, with the liquidator classifying those clients as unsecured creditors.

“We believe this to be completely unacceptable and are still trying to get a full understanding of Farther Construction’s unorthodox dealings” said Ross Thomas Managing Director of A1 Homes NZ.

“It has been an extremely difficult week trying to ascertain how things have gone so horribly wrong and I know the stressful predicament this leaves a number of families in.” said Thomas, “I want them to be assured they will all be given the opportunity to receive the full benefit of their deposits, and all homes will be commenced and completed as per originally contracted if that is what the clients choose”.

Thomas also noted that he had sympathy for the sub-trades and the suppliers, although unfortunately for them, their contracts were with FCL and those parties need to register any claims with the liquidator.

All relevant clients are being contacted as we speak, with the view of ascertaining where and exactly at what stage each build has progressed. Then our approach will be to have A1 Homes NZ representatives and management engage trades in conjunction

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