- Ballarat-based Langdon Building now in administration
Victorian residential construction group Langdon Building has gone into voluntary administration.
The company builds homes in Ballarat, Geelong, Bendigo and Melbourne’s north and west, and has its head office in the Ballarat suburb of Alfredton in central Victoria.
Langdon Building, registered in 2005, is the home building company to face insolvency as higher interest rates and building costs hurt the construction sector.
It is also the parent company behind Langdon Homes and Smart Building by Langdon, Australian Securities and Investments Commission records show.
Fixed-price contracts have caused a rise in insolvencies with Langdon Building’s home page selling a guaranteed price under the slogan: ‘Build with confidence’.
Ballarat-based Langdon Building has gone into voluntary administration.
The company builds homes in Ballarat, Geelong, Bendigo and Melbourne ‘s north and west, and has its head office in the Ballarat suburb of Alfredton
‘Lock in your build cost for 2023,’ it said.
‘Build with confidence, knowing that with Langdon we guarantee no price increase for your build by locking in today.’
Insolvency group Grant Thornton took over as liquidator in April 2023.
Fixed-price contracts have caused a rise in insolvencies with Langdon Building’s home page selling a guaranteed price under the slogan ‘Build with confidence’
