Housing: Construction
Commons · Question 76388 · Tabled 10 Sep 2025 · Department for Business and Trade · Official record
Answered 17 Sep 2025
Question
Asked by Andrew Snowden
To ask the Secretary of State for Business and Trade, what responsibilities remain on liquidators of housing developers for resolving (a) legal title and (b) infrastructure issues impacting homeowners.
Answer
Answered by Blair McDougall, 17 Sep 2025
A liquidators’ statutory functions when winding up a company are to secure and realise any assets, distribute any funds generated to those entitled to them and generally act in the interests of the company’s creditors. In carrying out their statutory func...