Place North West | PH Homes poised to snap up Altrincham s Downs Quarter
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Place North West | Administrators brought in to conclude Elliot hotel sale
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Dan Whelan
LPA receiver David Currie & Co has been appointed to sell the 40-home Altrincham development after the peer-to-peer lender brought in administrators last week due to “ongoing financial issues”.
The receiver is to sell the scheme, which is 60%-70% complete, to recover a charge for developer Consensus Property.
Altrincham-based The House Crowd, which offered bridging loans secured against land or property, bought the Downs Quarter development site from Consensus in 2019.
The £15m scheme, designed by Calderpeel Architects, comprises 31 apartments across three blocks, and eight townhouses.
David Currie & Co’s appointment follows that of business advisory firm Quantuma as administrator for The House Crowd and several other group companies.
29 Jan 2021, 12:34
CHEERS…Raise a toast to the good folk at Hive Land & Planning, who fulfilled an urge to give something back to the troubled hospitality industry with some pro bono work. Hive achieved retrospective planning permission for the temporary retention of a marquee in the beer garden at the popular Thomas Egerton pub in Bolton. Once the restrictions are lifted, this will provide much-needed additional covered space that will allow more people to be seated while adhering to social distancing rules. Nice one.
Convicted conman Adam Routledge
BORDER PATROL… Manoeuvres by the combined Trading Standards troops of Cheshire, Halton and Manchester tracked a conman builder who oversaw a dodgy basement conversion in Didsbury using fake insurance and building regulation notices and costing the resident £60,000, Manchester City Council said this week. Further crimes in Northwich and Runcorn were reported before Adam Routledge, 36, of Stenhills Crescent, Runcorn, was caught and