Crest Nicholson hit with £15m bill after finding build defects on four sites

crest

Housebuilder discovers further problems after build delays hit last year’s profit figure

Crest Nicholson has in the last few weeks found build defects on four sites, which will cost it £15m to fix.

The housebuilder, in a short trading update today, said it has become aware of the defects since it published its full year results in January.

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