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Housebuilders face up to loss of land values

Housebuilders across the country are being forced to revalue their landholdings and face up to the fact that they may record large asset write downs, due to the housing downturn.
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Council builder to sell stake in business

Council estate builder United House is geared up to selling a stake in its business in a move which may yield a multi-million payout for owners Geoffrey Granter and Jeffrey Adams.
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Posted by
Marc Da-Silva
in Geoffrey Granter, Gordon Brown, HBOS, Jeffrey Adams, KPMG, News, United House on Mon 2 Jun 2008
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