Stewart Milne owed £108m at time of collapse

By Daniel Gayne2024-02-22T12:20:00

Housebuilder shopped to 50 prospective buyers in failed sale effort

Stewart Milne Group went down owing the Bank of Scotland £107.9m, an administrators’ report has revealed.

The housebuilder ceased trading upon the appointment of administrators Teneo Financial Advisory on 8 January, having failed to find a buyer for the businesses.

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