Developer in Provisional Liquidation - Effect on House Purchase?

pumpkin81

Registered User
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23
We recently placed a booking deposit on a new build and are currently waiting on our mortgage docs etc to come through. I heard word today that the developer went into 'Provisional Liquidation' earlier in the year. Can anyone please advise of any potential negative effects this may have on completing the purchase or any problems that may arise as a result of it in the future if the sale is completed.. No contracts have been signed yet.
 
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