North-west housebuilder MacBryde has renamed itself Castle Green Homes as it sets out on a major expansion drive backed by the investment firm set up by Redrow founder Steve Morgan.

Morgan’s Bridgmere backed a management buy-out of the 200 homes-a-year firm in October led by its 33 year-old MD Gwyn Jones. Jones said the investment was designed to allow a quadrupling in the size of the business within four years.

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