Scottish housebuilder collapsed earlier this week after failing to find buyer
An English subsidiary of housebuilder Stewart Milne is expected to follow its Scottish parent into administration later this week, according to its backer Homes England.
Stewart Milne Homes North West England Limited, which sells homes under the Stewart Milne brand, was among six subsidiaries placed into administration with the parent company on Monday.
However, the business responsible for building homes in the region, Stewart Milne Homes North West England (Developments), has a separate funding structure and was not placed into administration.
Administrator Teneo said a strategy was 鈥渂eing di