Ep. 139 | If Your Builder Goes Under: Lessons from the Bathla Collapse
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Ep. 139 | If Your Builder Goes Under: Lessons from the Bathla Collapse
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The collapse of Bathla Group has left thousands of buyers facing uncertainty and raises an important question for anyone building a home: what actually happens if your builder goes under? In this episode, we explain the critical differences between a developer collapse and a builder collapse, how Victoria's new Home Warranty scheme works, and the practical steps every homeowner can take to protect themselves.
Topic timestamps
01:29 - Bathla Group fallover
10:53 - Difference between off-the-plan developer and home only builder
14:51 - Off-the-Plan Buyers: What are you protected by?
17:31 - Building on Your Own Land: How you’re protected
25:43 - The Insurance Gap vs the Real Cost of Building
29:45 - Steps to take if your ‘home only’ builder goes under
36:51 - Steps to take if your ‘off-the-plan’ developer builder goes under
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