A perth-based residential builder has gone bust with 15 incomplete projects after two years of operation.
Liquidators were appointed to wind up Tingey Development Group at Hillarys, in Perth’s north, on Wednesday.
The company’s LinkedIn profile states directors Geoff and Brooke Tingey have more than 30 years of construction experience.
It is the third registered building contractor to enter insolvency in Western Australia this financial year.
The company advertised it had three decades of combined experience, with records showing it registered as a building contractor in 2023.
Homeowners with incomplete or defective work who have been affected by the liquidation have been told to contact QBE about home indemnity insurance arrangements.
Building and Energy executive director Daniel Kearney said home indemnity insurance provided financial protection for homeowners in situations such as the insolvency of their builder.
“Contacting the insurance provider enables homeowners to begin the process of engaging another registered builder to complete the work or managing other remedies they may be entitled to,” he said.
Unpaid subcontractors were advised to contact the appointed liquidators at Hall and Chadwick.
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