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Two more Ulster housebuilders fail

24 May 11 The parlous state of Northern Ireland’s housing market has been further demonstrated by the collapse of two more housebuilders in the country.

Following the failure of the Carvill Group, reported yesterday, now Tara Homes of Limavady has been placed in administration. Its affairs are being handled by administrators from BDO.

Also in administration is Carrick Homes (NI) Ltd, which is being handled by Dungannon-based insolvency firm Cavanagh Kelly.

According to reports, Tara Homes owes the Bank of Ireland almost £11m

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