Revealed: How Anthea and Grant left Jewellery Quarter project in the balance
mint
THEY are the celebrity credit crunch victims whose property empire has been rocked by the recession.
Midlands-born TV golden girl Anthea Turner and Grant Bovey had run the hugely successful Imagine Homes, renting flats and houses out to tenants around the country.
But the high-profile couple saw the firm taken over by HBOS bank last year as the economic slump took hold – and they may now be forced to sell their £11 million mansion.
A subsidiary company, Imagine Furnishings, also went bust with debts of £1.7 milion in December.
Now the it has been revealed how Anthea, 48, and 47 year-old Grant had been main investors in a trendy multi-million pound development at the Birmingham Mint.
And it is claimed its future is now in doubt because the couple do not have the funding to pay for 100 properties bought off-plan in the Jewellery Quarter complex – which is also being financed by HBOS.
Imagine Homes had bought the luxury pads in the Jewellery Quarter’s exclusive Birmingham Mint development years before they were due to be completed.
Developers Junared were behind the £30 million transformation of the Mint from historic coinmaker to plush apartment complex after receiving the backing of HBOS.
