Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Nearly 3000 new homes planned for Glasgow in next few years

Glasgow

House building stalled last year due to the coronavirus lockdown but it is expected that projects will be delivered now construction has re started

Nearly three thousand new housing association homes are planned for Glasgow in the next few years.

A number of projects of between 10 and 250 new homes have either been started or approved. A list of projects ‘legally committed to’ in April this year show 2200 homes across 35 projects from more than 20 housing associations.

House building stalled last year due to the coronavirus lockdown but it is expected that projects will be delivered now construction has re started.

However, the industry has suffered from a shortage of housebuilding materials, delays in materials supply and lack of workers.

The plans committed to across the city include hundreds for social rent, including 175 homes at Hamiltonhilll by Queens Cross housing association, 166 by Crudens at Castlemilk, 84 at Abbeycraig by Lochfield Park, 77 homes at Abercromby Street by Thenue HA and 60 at Dalmarnock Station by West of Scotland.

Another 60 homes are being built at Castlemilk Drive by Cassiltoun, 60 more by link at Larkfield and Sanctuary are building 56 at Hawick Street in Yoker.

Southside are building 59 at St Andrew’s Drive phase 2, and another 32 in a third phase.

Glasgow West is building 55 at Dover Street, Linthouse are building 49 at Drumoyne and Shettleston HA is building 44 at St Mark’s.

Mid market rent developments include 252 homes at the old meat market site, in Gallowgate, by Home and 123 at Calton Village by Wheatley Group.

Some are mixed social rent and mid market on the same site.

Other mid-market rent developments include 70 homes in Garscadden by Wheatley group, 54 at Dalmarnock Station by West of Scotland HA, 36 by Sanctuary at Hawick Street in Yoker, 33 by Link at Larkfield and 18 by Maryhill HA at Botany Corner.

Councillor Kenny McLean, City Convener for Neighbourhoods, Housing and Public Realm at Glasgow City Council, said: We welcome the funding from the Scottish Government, which will allow us and our housing association partners to deliver our Affordable Housing Investment Programme over the next five years.

McLean said the £537million funding will provide much needed new affordable, energy-efficient homes for tenants, with low running costs.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.