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Housebuilding

Housebuilding

Help To Build, Buy And Beyond

A recent report by the Resolution Foundation suggested that one third of millennials in Britain will never own their own home. Renting is becoming an increasing tenure of choice for young people rather than a temporary measure until home ownership is realised. On the upside first time buyer levels are at their highest for 10 years according to UK Finance. So is the future getting brighter for buyers making their way onto the housing ladder, or did we start from a low base?

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Burness admin

Major New Development In West Edinburgh Moves A Step Closer

Bricks

Proposals put forward by West Craigs Limited for a major new development in west Edinburgh have moved a step closer with the issue of a Notice of Intention last week.

The plans include 1500 new homes, retail units, commercial premises and a new primary school.  Although the Site had been identified for development in the Local Development Plan, the planning application had been refused by the Council due to concerns relating to impacts on the green belt and infrastructure provision.

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Burness admin

Is the Housebuilding Warm Front Here to Stay?

Scott Peterkin

The recent cold snap is at odds with the temperature of Scotland’s central belt housebuilding market. Much like life itself, you tend to appreciate things by contrast, and the housebuilding market feels hot right now.

It’s a great place to be as the industry recovers from the credit crunch under the umbrella of ‘cautious optimism’ and an albeit steady, but improving market.

Among a number of positive signs is the increasing competition for new sites. But is caution (like winter clothing) being thrown to the wind as the temperature rises?

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Burness admin

Scottish Government Issues Position Statement on Planning Reforms

Emma Dewar

The Scottish Government has published its Position Statement on proposed changes to the Scottish planning system.  This follows the consultation on the Scottish Government’s Places, People and Planning White Paper.

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Burness admin

Homes For Scotland Annual Lunch & Awards

John Strachan

The Homes for Scotland Annual Lunch & Awards, an event we proudly sponsored for the third consecutive year, took place last Friday 20 May at the Edinburgh International Conference Centre.

It is an event which grows both in size and stature year on year and Friday’s event was no exception.  Over 1,000 delegates from across the industry came together to take stock of the current climate within the industry, recognise achievements over the last year, look forward to the opportunities and challenges ahead, and most importantly of all spend time in the company of existing collea

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Burness admin

Build For Rent Is The New Kid On The Block

Richard Rennie

Where do you stay? That’s very much a Scottish question – “stay” needs replaced by “live” to make sense in the rest of the UK. But for a growing number, they are not staying but moving, and the private residential letting market is adapting in response.

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LChalmers

Foundations Laid - Building Blocks Required

With a record 865 senior industry representatives in attendance, the Homes for Scotland Annual Lunch and Awards ceremony was an undoubted success. The aptly named “Foundations for the Future” slogan an indication of a more promising outlook and an industry sector that is more upbeat and optimistic about future prospects than before. It is clear that momentum is building and that the foundations the sector needs are slowly being laid.

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LChalmers

Foundations For The Future

Scott Peterkin

The announcement yesterday by Housing Minister Margaret Burgess that more than 5,000 families and first time buyers have purchased their home through the Help to Buy (Scotland) Scheme is welcome news.

This statement underlines the fact that the scheme has been hugely popular and that there is a high level of demand for new homes.  Mrs Burgess has also announced that there are a further 2,500 sales anticipated to be completed this year through this scheme and the Help to Buy (Scotland) Small Developer’s scheme.

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LChalmers

The Future Of Help To Buy In Scotland

The recent announcement that the Scottish Government’s Help to Buy Scheme has allocated its £140M budget only three months into the current funding year was a surprise. However, it does prove beyond any doubt that the scheme is very popular and that there is high level of demand for new homes. Already, more than 2,000 homes have been bought through Help to Buy in Scotland, with the same number likely to be completed this funding year.

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LChalmers