https://somersetdaily.co.uk/tags/bespokehomes/Recent content in bespokehomes on Somerset DailyHugo -- gohugo.ioen-usFri, 19 Jun 2026 09:11:36 +0000https://somersetdaily.co.uk/housebuilder-devonshire-homes-seeks-last-chance-rescue-amid-financial-struggles/Fri, 19 Jun 2026 09:11:36 +0000https://somersetdaily.co.uk/housebuilder-devonshire-homes-seeks-last-chance-rescue-amid-financial-struggles/Devonshire Homes Limited, a housebuilding company with development sites across Devon, Somerset, and Cornwall, is pursuing a last-ditch effort to stabilize its finances by lodging a Notice of Intention to appoint an administrator. This formal move grants the company a 10-business-day period in which it can seek potential solutions such as securing external investment or selling assets without immediate pressure to pay creditors. The company, which operates developments in Ilfracombe, Bideford, Yelland, Bovey Tracey, Wincanton, Mabe, and Penzance, has reported financial losses in its most recent accounts, following a previous year that saw over £1.