Avant Homes seals Government fire safety payment deal

Private equity-backed Avant Homes has secured a Government-backed payment plan for its legacy building safety liabilities, easing pressure on cashflow as the house builder battles planning delays and a subdued housing market.
The house builder, chaired by former Persimmon chief executive Jeff Fairburn, said the agreement with the Ministry of Housing, Communities and Local Government (MHCLG) provided important liquidity support by spreading repayments for historic fire safety works over a number