The administrator of Oakdene Homes has put some of the companies assets up for sale.

Colin Haig, joint administrator and partner at PricewaterhouseCoopers, said: ‘Since our appointment last Friday, we have been working to ascertain the best possible outcome for the creditors of the company and have come to the conclusion that a sale of the assets of the company is the best way forward.

‘To that end, we have been working closely with the excellent workforce at Oakdene Homes who have been fully co-operative and are now instrumental in helping us market the business for sale.

‘We have already had numerous expressions of interest in a number of the high-quality developments in Oakdene’s portfolio which is extremely encouraging in the current climate. We are now working with property adviser Atisreal to assess expressions of interest.

Sites in Surrey, East Sussex and Kent, New Haven, Southampton and the Isle of Wight are being marketed for sale.