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Mark Gumbrell s dream home build came to an abrupt halt when Sika Homes called in the liquidators in June 2020.
When the company Mark Gumbrell hired to build his new home went bust in June, the Auckland man was worried but assumed he could rely on its Master Builder backing to keep the project on track. Gumbrell’s worry turned to anger, however, when he discovered that Sika Homes had failed to arrange the Master Builders guarantee which would have covered the extra cost he faced to get his home completed. Master Builders is a private industry marketing and support association for builders, and its guarantee is designed to promote public confidence in its member building companies, including protecting them in case their builder goes bust before completing their homes.