 Whilst the carriages certainly had technical merit and much promise, he was unsuccessful in commercialising them; by the spring of 1832 he had run out of funding and was forced to auction his remaining business assets, eventually losing a great deal of his own and investors' money.The circumstances of the failure engendered controversy expressed in contemporary scientific publications, as well as in committees of the House of Commons.In 1830, Gurney leased a plot of land overlooking Summerleaze Beach in Bude, from his friend Sir Thomas Acland, and set about the construction of a new house to be built amongst the sand hills.