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‘Dream home’ turns to nightmare: Buyers worry after developer tipped into receivership

‘Dream home’ turns to nightmare: Buyers worry after developer tipped into receivership

Business

3 minutes to read

New DDL homes are up but buyers are unable to settle yet. Photo / DDL

New DDL homes are up but buyers are unable to settle yet. Photo / DDL

Anne Gibson

By

Anne Gibson

Property Editor

Auckland new-house buyers are worried after Friday’s receivership of two development businesses involved in construction of many new homes at Ormiston Heights, Flat Bush.

But receivers issued reassurance, saying deposits on the new

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