A major property developer which completed a number of projects across Buckinghamshire is on the brink of collapse. 

Buckinghamshire-based property company Inland Homes, which once had plans in place to bring hundreds of houses across the county, has filed a notice of intent to appoint administrators yesterday (September 27).  The directors selected David Hudson and Phil Armstrong of FRP Advisory to oversee the process.

The board confessed they may have violated listed companies' rules over "undisclosed related-party issues".

The regulations of AIM, a stock market for mid-sized businesses managed by the London Stock Exchange, demand the immediate reveal of transaction details with "related parties" - shareholders, directors, or their families.

Notably, Inland's shares stopped trading in April after failing to meet the deadline for issuing their audited accounts for the year finished September 30, 2022.

Inland Homes had a number of projects planned in the county, including the controversial 393-home Tralee Farm development in Hazlemere, Wilton Park site in Beaconsfield and 50 home development in Glynswood, High Wycombe.

In December 2022, Inland's plans to build 103 homes in Wycombe Road – directly behind Dean Way were thrown out after a five-day planning inquiry took place at the beginning of October to decide whether the plans should go ahead.

Buckinghamshire Council decided to refuse planning permission on December 2 due to a "failure to meet key design principles required to achieve high-quality sustainable development".

In May 2022, Inland Homes sold part of the Wilton Park site in Beaconsfield to care home operator Beechcroft Developments for £19.1 million, according to Shares Magazine.

The 100-acre site was bought by Inland Homes from the Ministry of Defence (MoD) in 2014, having been a language school.

The overall estimated value of the properties at Wilton Park is £90 million, Inland reportedly told Shares.

Bucks Council also permitted an application by Inland Homes for a new housing development on a patch of land to the rear of Glynswood, a residential area in High Wycombe.

Last year, Inland Homes submitted to Bucks Council new plans for a housing development on a 2.2-hectare patch of land to the rear of Glynswood – a residential area in High Wycombe.

The new development would be for 10 one-bed and 10 two-bed flats, three two-bed, 22 three-bed, and five four-bed houses – 50 units in total (48 per cent affordable) – accessed from the existing Glynswood cul-de-sac.

Since then, Countryside Partnerships and affordable housing provider Paradigm Homes have taken over and are set to deliver 50 new homes in Glynswood.