Homes to be built across Scotland
New homes to buy and rent across Scotland
Barratt Developments has unveiled plans to build on 14 sites across the country as a Scottish government minister announced the latest move by the National Housing Trust to expand the number of affordable homes.
The housebuilder plans to build 1,420 homes, following last year’s 1,390, 48% of which were constructed on previously developed (brownfield) land.
Developments planned for 2016 include sites in Aberdeen, Edinburgh, Glasgow, Haddington, Linwood, Newmachar and Strathven.
These follow a strong year for the group in Scotland despite the withdrawal of Help to Buy. During the course of the year, it sold out on a number of successful developments while launching a number of developments including the Botanics – the David Wilson Homes development on Queen Margaret Drive in the west end of Glasgow.
Douglas McLeod (right), regional director for Barratt Developments in Scotland, said: “We have seen demand for new homes across Scotland remain high and our new sites will provide more choice for buyers looking to purchase in some of Scotland’s most sought after residential locations.
“It’s also good news for the Scottish economy not just in terms of supporting local construction jobs, but also through the generation of local revenue from new residents spending in local shops and on local services.”
The National Housing Trust initiative (NHT) will deliver almost 900 affordable homes for rent in Edinburgh, Social Justice Secretary Alex Neil revealed today.
Edinburgh Council has already approved more than 400 NHT homes with hundreds more in the pipeline.
The latest 234-home development at the Western Harbour brings the total number of NHT homes given the go-ahead across Scotland to more than 2,000.
The council, Scottish Futures Trust and the Forth Ports Group are spearheading the Waterfront development, which is being built by Hart Builders.
Mr Neil said: “The contribution from innovative financing approaches, such as NHT, using government guarantees, loans, grant recycling and new sources of private funding is substantial and growing.
“Edinburgh has wholeheartedly embraced the NHT, the first guarantee-based model for housing in the UK, as one that can help ease the city’s housing pressures.
“People in the capital will have access to a quality home at an affordable rent, and the NHT model allows them to save for a mortgage whilst staying in the home that they may be able to buy.”
He said the government had exceeded its target to deliver 30,000 affordable homes in this Parliament including more than 20,000 for social rent.
“Our new target to deliver 50,000 affordable homes over the next five years is bold, credible and affordable. This is a 67% increase in completed homes over the next five year period.”
Councillor Norman Work, City of Edinburgh Council, said: “Edinburgh is a growing city and meeting the need for new, good quality and good value homes is a major part of the Council’s Capital Coalition commitment to ensure that the city’s residents are well housed. The Council will continue to seek innovative funding solutions through collaborative working partnerships to deliver affordable homes.”