Affordable housing approvals leap but overall new build market remains stalled | New Homes Bulletin

The latest of our New Homes Bulletins has been released. The findings have come from our carefully researched data courtesy of the Rettie & Co. Research Team, Scotland’s largest dedicated property research department.

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KEY FINDINGS

• The Scottish Government appears still to be driving councils to meets its 50,000 affordable homes target this parliamentary term, with a 29% rise in affordable housing approvals and £1.75 billion allocated to Scottish councils.

• However, there is some industry concern that there is now some rowing back from this target.

• Various measures show a stalled new build market in Scotland and the rest of the UK, with new build completions only up 2% over the year in Scotland and starts down 5%.

About Andrew Meehan

Andrew re-joined the Rettie & Co. Research Team at the start of 2015 having originally worked for the company from 2005 to 2010. Andrew has an MA (Hons) from Edinburgh University and an MSc in...

Andrew Meehan
Associate Director
Edinburgh Read More