Tory MP-linked house builder falls into administration

Devonshire Homes, the Westcountry house builder partly owned by the family interests of former Conservative MP David Heathcoat-Amory, has fallen into administration after losses on an ill-fated bespoke housing scheme pushed the company into the red.
Sarah Collins and Jonathan Marston of Alvarez & Marsal Europe LLP were appointed joint administrators on 18 June.
The administration affects Devonshire Homes Limited only and does not extend to other Devonshire Homes-branded developments or assoc