We have just learnt that our custom house builder is insolvent, with about 10% work left to go on our house. I wonder if anyone has had this experience (it is Canberra right?) and if they were able to find a new builder to take over at such a late stage (without having to pay them sums vastly in excess of the Max insurance pay out to get them to take it on?). Or is it better to try and manage the remainder of the project ourselves? Problem with that being I assume we’d have to lodge application for occupancy certificate as owner builders and whether that means we’d be liable for defects if we sold within 10(?) years. Any first-hand experiences appreciated.