Home builder Bentley Homes slides into liquidation

Cassandra Morgan |

More new home buyers have been left in the lurch, with builder Bentley Homes collapsing.
More new home buyers have been left in the lurch, with builder Bentley Homes collapsing.

Another Victorian home builder has slid into liquidation, leaving clients and creditors in the lurch.

Timothy Holden of insolvency firm Crouch Amirbeaggi was on Friday appointed as the liquidator for Melbourne-based Bentley Homes.

The company, in an automatic bounceback email to customers, cited economic pressures as the reason for its demise.

“Unfortunately, this leaves us in a position where we are unable to carry out any further works,” Bentley Homes said in the email.

“Thank you for allowing us to be a part of your new home journey. 

“We want to sincerely apologise for this unfortunate situation for everyone involved, we can assure you all avenues were explored to sustain the business which has been operating since 2006.”

Mr Holden told AAP on Friday he was in the early stages of gathering information about the company, and would be in a position to report to creditors and homeowners early next week.

Bentley Homes marketed itself as the “new home builders of choice for people across Melbourne”. 

Its vision was to be the most innovative building company in Australia, according to LinkedIn.

The home builder is among several to have slid into liquidation in recent times.

Builder Porter Davis fell over in late March with about $147 million debt, leaving 1700 homes in limbo in Victoria and Queensland.

About 20 people representing hundreds of Porter Davis creditors met at the Sofitel in Melbourne on Wednesday to discuss next steps.

It remains unclear when creditors owed million of dollars following Porter Davis’s collapse will get their money or how much they will get.