Rettie & Co. join First Minister in Dumfries to mark the completion of new National Housing Trust development

Rettie & Co. join First Minister in Dumfries to mark the completion of new National Housing Trust development

Sixty nine new below market rent homes are now available in Dumfries thanks to the National Housing Trust (NHT), an initiative developed by the Scottish Government based on work by Rettie & Co., to increase the supply of affordable homes.

The properties, which are being managed by Rettie & Co., have a total value of £9 million. First Minister Nicola Sturgeon and Social Justice Secretary Alex Neil recently visited Marchfield in Dumfries to mark the completion of the new development.

Matthew Benson, the Director, Development Services at Rettie & Co. said: “Rettie & Co. are delighted to have been appointed to assist with the management of these excellent NHT properties constructed by Robertson Homes. “The exceptional take-up here in Dumfries confirms that there is a real gap in the market in many areas of Scotland for mid-rent properties such as these. “We very much hope that the Scottish Government will continue to build on the success of the NHT initiative which has demonstrated its value in terms of new supply, and the undoubted stimulus to the economy.” The First Minister said: “As this £9 million development demonstrates, Robertson Homes and Dumfries and Galloway Council have embraced the NHT model as one that can help ease housing pressures locally.

“The trailblazing NHT initiative is the first guarantee-based model for housing in the UK. It has delivered dozens of new homes in Dumfries for rent at below market rates.”

Mr Neil said: “Importantly, this ground-breaking housing model is expected to deliver over 2,000 much-needed new, affordable homes across Scotland without the need for grant subsidy, supporting jobs in the construction industry and wider economy.

“Councils have ensured that NHT developments deliver homes in the right places, of the right type and of the right quality to meet the needs of tenants.

“The Scottish Government is doing everything possible to maximise our investment in housing and deliver our target of 30,000 new, affordable homes over the lifetime of this Parliament.”

Robertson Homes and Dumfries and Galloway Council jointly funded these newly-built homes, developed using the original NHT model, which are being made available for rent at below market rates.

Bill Robertson, Executive Chairman of Robertson Group, said: “We are delighted to be joined on-site today by the First Minister and Mr Neil as we celebrate the partnership between ourselves, Dumfries and Galloway Council and the National Housing Trust. This development features a combination of semi-detached and three-bedroom terraced houses, as well as 15 two-bedroom flats.

“Robertson has almost five decades of experience delivering high-quality, modern family homes. There has been an overwhelming level of demand for these properties, which will sit alongside privately owned homes on this development.”

Councillor Craig Peacock, Chairman of Dumfries and Galloway Council’s Housing Sub Committee said: “Dumfries and Galloway Council was delighted to jointly fund the National Housing Trust project at Marchfield, Dumfries .

“It is encouraging to see that our participation in the initiative is delivering comfortable and affordable housing to local people. Making new homes available to rent at below market value helps to ensure that we protect potentially vulnerable people in our region against ever-changing housing costs.

“The initiative will help us meet the demand for affordable local housing which ensures that we continue to grow our local economy by encouraging people to live, work and spend in Dumfries and Galloway.”

Christa Reekie, commercial director at Scottish Futures Trust, said: “Such has been the appeal of these 69 high quality, energy efficient NHT homes at the Marchfield development in Dumfries that the demand for the units outstripped the supply, which demonstrates just how popular the NHT programme has become.

“Not only is it helping young families gain access to quality homes for rent with an option to buy their home in the future, NHT is also providing a lifeline to many local SMEs in the construction industry.”

Rettie & Co. continue to work with the government to help produce affordable new homes throughout Scotland applying the NHT initiative.