200 new homes for Greenock announced by Oak Tree Housing Association

March 26, 2019

Well needed plans for four developments across Greenock have been announced by Oak Tree Housing Association that will hopefully see 200 new homes with an investment of £33 million that includes £18 million of funding via the Scottish government.

The project is hoped to be delivered by 2021 with works starting in 2019 – Homes will be all for social rent with a selection of cottage flats, terraced houses and back / front door detached. Provision will also be made for homes adapted to those with special needs.

Oak Tree chief executive Nick Jardine was quoted as saying:  “We are delighted to welcome Sally Thomas to Inverclyde as we embark on this significant new build programme at Auchmead Road, with Bow Farm, Ravenscraig and Strone Farm developments coming on stream during 2019.

“his is all part of our drive to continue to identify key development opportunities that can help us improve the lives of our tenants and wellbeing of our communities, while delivering on the strategic housing objectives for Inverclyde. It will also mean an enhanced social housing portfolio for us, bringing our total stock to nearly 2,000 properties and contributing towards the Scottish Government’s current target to deliver 50,000 affordable new homes across Scotland.”

The project is one of many planned so that the Scottish government can reach a target of 50,000 affordable homes to be provided by 2021.

Full story can be read on the Scottish Housing News website.

EAN Breaking News

Breaking News. Have a new story to share with us? Then please get in contact today!

You May Also Enjoy

Estate Agent Talk

77% of buyers refuse to buy a flood risk property

Despite 4.7 million English homes facing flood risk New research from Lyons Bowe has revealed that 77% of homebuyers would not consider purchasing a property in a flood risk area, despite more than 4.7 million homes across England currently being deemed at risk of flooding. The findings come as the Government launches a new flood taskforce amid…
Read More →
Letting Agent Talk

Poor Communication becomes Expensive at Scale

The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

When Estate Agents Decide to Go Solo

Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More →
Estate Agent Talk

What Should Buyers Ask Before Reserving a New Build?

Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More →
Breaking News

The UK cities with the largest property price increases revealed

A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More →
Breaking News

The UK’s Most Expensive Property Hotspots Revealed

More than one in three homes sold in Camden last year fetched at least £1 million, making it the UK’s leading million-pound property hotspot in a new study of England and Wales. But despite London’s dominance at the top of the rankings, the research reveals a surprising trend: median sale prices in several expensive London…
Read More →