Anyone building/built with Pantha Homes ?
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Did you end up building with them? I'm guess it was our thread you found. We have sold now and are looking for more land and will likely build with them again
No. We ended up going with another builder.
They didn't make PC for a second time seriously consider your options before choosing Pantha Homes
We had exactly the same experience except Pantha missed practical
Completion 6 times before they handed over!
Ensure you submit your claim for liquidated damages within 28days of practical completion.
Check thoroughly for defects and omissions as we have loads. Pantha have gone very quiet. They keep saying they will come and rectify the issues but then they never turn up.
Make sure you get a building inspector to check the work and then double check yourself. We haven’t even been given our building certificates nearly 3 months after we moved in.
We have submitted a complaint to QBCC and are awaiting a building inspector to be allocated.
We echo your thoughts in staying away from this “building” company.
Did Pantha Homes give you fixed price contracts?
Do not build with this company. We had the worst experience. I’ve done numerous building projects and this company is the WORST I have ever felt with. Avoid them.
Did Pantha Homes give you fixed price contracts?
Why are you asking? They are in liquidation
Did Pantha Homes give you fixed price contracts?
Hope you didn't give them any money for Preparation of Plans (PPA)
If you did it's gone, builders insurance doesn't cover PPA
Furthermore the government should clamp down on these insolvent builders with cash flow problems
Offering discounts , free upgrades, unrealistic prices ...whatever
If your builders business is down 50%+ be very wary
Business slumped from $13.6m in 2020 to just $4.1m
Did Pantha Homes give you fixed price contracts?
Do not build with this company. We had the worst experience. I’ve done numerous building projects and this company is the WORST I have ever felt with. Avoid them.
Thank you very much for responding, I am not building with them.
Did Pantha Homes give you fixed price contracts?
Why are you asking? They are in liquidation
Yes, that is correct, it's all over the news – they are in liquidation. I was just after statistical data for my university paper on state of collapsing builders.
Did Pantha Homes give you fixed price contracts?
Hope you didn't give them any money for Preparation of Plans (PPA)
If you did it's gone, builders insurance doesn't cover PPA
Furthermore the government should clamp down on these insolvent builders with cash flow problems
Offering discounts , free upgrades, unrealistic prices ...whatever
If your builders business is down 50%+ be very wary
Business slumped from $13.6m in 2020 to just $4.1m
No money was given on my part, but this is great insight, especially the drop in $. Thank you.
Did Pantha Homes give you fixed price contracts?
Hope you didn't give them any money for Preparation of Plans (PPA)
If you did it's gone, builders insurance doesn't cover PPA
Furthermore the government should clamp down on these insolvent builders with cash flow problems
Offering discounts , free upgrades, unrealistic prices ...whatever
If your builders business is down 50%+ be very wary
Business slumped from $13.6m in 2020 to just $4.1m
No money was given on my part, but this is great insight, especially the drop in $. Thank you.
i think this is the more relevant point in regards to Pantha
https://publishednotices.asic.gov.au/br ... 8b412f9c08
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