New build completions in Scotland at their highest level in over three years

Taylor Scott International News

The number of new homes being built in Scotland is at its highest level for over three years, new official figures have shown. Across all sectors, 4,583 homes were completed in April to June this year, the highest quarterly figure since 2010, and 29% higher than in the same quarter last year. The latest completion figures also bring the Scottish Government closer to its target of delivering 20,000 homes for social rent by March 2016, with 80% of homes completed. ‘I welcome the fact that the number of new homes built across all sectors is at its highest level for over three years, and I am particularly pleased that we are nearing our target of delivering 20,000 homes for social rent by March 2016,’ said Housing Minister Margaret Burgess. ‘The Scottish Government’s investment in affordable housing, together with measures to support the industry and help people into home ownership, have undoubtedly helped to stimulate housing supply,’ she pointed out. ‘Making sure everyone in Scotland has access to good quality housing is a vital part of the Scottish Government’s drive to secure economic growth, promote social justice, strengthen communities and tackle inequality,’ she added. She explained that the government has delivered over 4,500 new council houses since 2009 and has acted to preserve Scotland’s social housing stock by abolishing the Right to Buy from 01 August 2016, which will protect up to 15,500 social houses from sale and safeguard social housing for future generations. ‘In addition, the supply of affordable housing continues to be a high priority for us, and we are now three quarters of the way towards our target of 30,000 affordable homes by March 2016. This commitment is underlined by our £1.7 billion investment in affordable housing over the current parliamentary term, which supports an estimated 8,000 jobs each year,’ Burgess added. Continue reading →

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