200 new homes for Greenock announced by Oak Tree Housing Association

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 from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Breaking News

UK house prices growing by 2.5% according to Halifax

Nathan Emerson, CEO of Propertymark: “This slight dip in house prices will likely have been influenced as a direct consequence to the current state of the global economy. There will always be a need for people to move house regardless of international trading relations; however, many aspiring or current homeowners will no doubt be discouraged…
Read More
Breaking News

UK house prices dip slightly in May, but market remains steady

Average property price now £296,648 compared to £297,798 last month Annual rate of growth slows to +2.5% from +3.2% in April Overall house prices have remained stable so far this year Northern Ireland continues to lead annual price growth in the UK Amanda Bryden, Head of Mortgages, Halifax, said: “Average UK house prices fell by…
Read More
Breaking News

Estate Agent Content

Do you think that your estate agency / property business requires content? Is content marketing still a thing in 2025? Are you concerned if anyone will read your words? Is it worth investing in estate agent content? Businesses with blogs generate 67% more leads than those without. As competition for attention online increases it remains…
Read More
Breaking News

The cost of voids rises by £200 for England’s landlords

The latest analysis by Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has found that landlords have been hit with a 26% increase in the cost of void periods in the past year, equivalent to lost income of almost £200. Dwelly analysed average void period data from March 2024 and March…
Read More
Breaking News

Breaking Property News 5/06/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Demand Rises for Housing and Infrastructure Projects Rising demand for housing, infrastructure and energy projects across Wales has driven continued growth at Lichfields’ Cardiff office, which this year marks 25 years in the capital. The team of 17 planning professionals is one of the largest…
Read More
Breaking News

Construction continues to enjoy a season in the sun

Underlying performance is on the rise during Q.2 2025 Today, Glenigan, one of the construction industry’s leading insight experts, releases the June 2025 edition of its Construction Index. The Index focuses on the three months to the end of May 2025, covering all underlying projects, with a total value of £100m or less (unless otherwise…
Read More