19 Jul 2022

Master Builders face court action over guarantees after builder goes bust

From Checkpoint, 5:26 pm on 19 July 2022

A group of would-be home owners left out pocked after their builder went bust are planning legal action against the Master Builders Association over guarantees they thought they'd signed and paid for.

The families say they completed applications for guarantees through the association that would entitle them to non-completion or lost deposit payouts, but the builder never lodged them with Master Builders.

Now a lawyer for the group says Master Builders is refusing to honour the guarantees despite doing so in previous similar case.

Iain Stephenson says his clients trusted the Master Build brand, despite their builder - a member of the Association - letting them down.