Mayfield’s Ruth Larkin and Amie Wilson were excited to hear in September that their new home, which had been under construction for the past 12 months, would be completed early.
But just two months later, they fear they will soon have nowhere to live.
“We were preparing to have a beautiful Christmas in our new home,” Ms Wilson said. “It’s not going to happen.”
The pair were told two weeks ago that the company building their house, Cardiff-based GR Homes, was going into voluntary liquidation and would be unable to finish their home.
The couple, who have a four-year-old son, were expecting the home to be finished at the end of November, “at the very latest”.
The family only recently sold their current home in Mayfield, in preparation for moving into their new home.
“Our (current) house settles in December,” Ms Wilson said. “We’ve exchanged contracts, we can’t pull out of the sale.”
The pair are now scared they will have nowhere to live while the insurance claim for the incomplete works is processed and their incomplete home is finished.
“The woman who has bought the (old) house has been very generous and offered a lease back until the end of January,” Ms Wilson said.
“But given the contract for the build was to finish in December, it’s highly unlikely our house will be finished by then.
“Realistically, I’ll be surprised if our home is finished internally and externally in the next six months.”
Ms Wilson said the likelihood of finding suitable housing was low.
“There could be a clause in there (the insurance) for some rental coverage but we still have to find a place.
“In the rental market there’s not a lot of short term accommodation, and with a four-year-old and three dogs, how we will find something is beyond me.”
The appointed liquidator Daniel Quinn, director of SV Partners, said GR Homes had 13 clients, all located in the Hunter region, with houses in various stages of completion.
A further eight clients had signed building contracts but work had not commenced, he said.
Technically I shouldn’t be living there, but they can come and remove meAmie Wilson
According to a notice published on the Australian Securities and Investments Commission website, Edgeworth Constructions Pty Ltd, which was trading as GR Homes, notified the commission on October 23 that the company was in voluntary liquidation after a decision made by the company’s members.
Ms Wilson said she was planning on moving into the house on Monday night, even thought it is incomplete and has no electricity.
She said she feared the house would be damaged or robbed while it was uninsured and uninhabited.
“Technically I shouldn’t be living there, but they can come and remove me,” Ms Wilson said.
“There’s vanities, taps, toilets, it’s just too risky. If anything happens that could be $460,000 in ashes.”
Mr Quinn said that construction insurance on the house would lapse on Monday, November 5, due to non-payment by Edgeworth Constructions.
“We are currently in discussion with the old insurance provider and also our firm’s insurance provider in relation to extending the policy for a period to enable the clients to arrange alternate insurance,” he said.
Ms Wilson said she was considering engaging a new builder to regain cover for the building, even though it would jump the gun on getting work done as part of an insurance claim.
A spokesperson for Insurance and Care NSW, also known as iCare, said the corporation must make a decision on claims made under the Home Building Compensation Fund within 90 days.
The spokesperson encouraged all homeowners impacted by the liquidation to lodge a HBCF claim.
Ms Wilson said she believed the management of Edgeworth Constructions had been “really good throughout the process” of the liquidation and had “given as much advice as possible”.
“As nice as that is, at the end of the day, we’re still getting jammed,” she said.
Edgeworth Constructions could not be contacted for comment.