Bovis Homes has put aside £ $4.5m m ( $4.5m ) to rectify substandard homes that were built last year . Last December , Bovis was found to be cutting corners to hastily complete properties and advancing incentives for customers to move into unprepared homes. The company took a significant hit on the Bovis Homes . "I am very confident we can deliver a successful turnaround, returning Bovis Homes to being a leading UK housebuilder,” said Bovis , the new Bovis CEO.
Bovis Homes has put aside £3.5m ($4.5m) to rectify substandard homes that were built last year. Last December, Bovis was found to be cutting corners to hastily complete properties and advancing incentives for customers to move into unprepared homes. The company took a significant hit on the FTSE. "I am very confident we can deliver a successful turnaround, returning Bovis Homes to being a leading UK housebuilder,” said Greg Fitzgerald, the new Bovis CEO.