Auckland building company Heartland Homes in liquidation

The liquidators for Heartland Homes said in an initial report that the rising cost of materials and labour – fuelled by the boom – was one cause of the company's demise.

The Master Builders Federation is helping Heartland clients.

Under a guarantee system, Master Build Services – a subsidiary of the federation – has backed the Heartland building deals.

Master Build is legally obliged to find new builders and fix problems at sites where Heartland had been building.

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