Miller Homes, one of the UK's leading private home-builders, has announced it has acquired Wallace Land Investments and Management Limited.

It is set to accelerate the expansion of Miller Homes’ strategic landbank and growth to deliver 5,000 homes per annum over the medium term.

One of Wallace Land Investments’ projects is related to green belt land in Stretton.

The company has been ‘promoting’ the land next to the M56, off Stretton Road, Tarporley Road and Spark Hall Close for around 785 homes.

Wallace was founded in 2009 in Edinburgh and over the years, the business has expanded into England with a particular focus on the north west, West Midlands and the south.

The deal will increase Miller Homes’ sizeable strategic landbank by adding a further 41 sites bringing the Group’s total to 119 sites.