While the collapse of his house-finding firm was bad news for Location, Location, Location star Phil Spencer, the savvy presenter has found a way to soften the blow.
The 39-year-old TV star has decided to up sticks and move to Australia with his wife Fiona and their young sons Jake and Ben, and, making good use of his skills in the field, he will be filmed for a new show as he searches for his own pad.
The four-part show, Phil Down Under, due to air in 2010, will also see the dad-of-two helping other families as they relocate to the southern hemisphere.
"This show will put his passion for property and Oz together. We'll also see him search for his own place as he tries to find the reality of living in Australia, rather than just going there on holiday," explains a Channel 4 spokesperson