Bovis Homes has put aside £ ##5 ##m ( $ 4.5 m ) to rectify substandard homes that were built last year . If this is the case, Mr Fitzgerald will need to work swiftly to get Bovis’ house in order.” Last December , Bovis was found to be cutting corners to hastily complete properties and offering 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 .
Bovis Homes has put aside £ ##5 ##m ( $ 4.5 m ) to rectify substandard homes that were built last year . Last December , Bovis was found to be cutting corners to hastily complete properties and offering 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 .