Government pledges to build more affordable homes will benefit housebuilders, a director of Elgin-based Springfield Properties has said.
Tom Leggeat, managing director of Springfield Partnerships, has said his firm was on target to deliver 1,500 affordable homes across Scotland by 2020.
The business handed over 174 affordable homes last year and plans to complete over 300 by May 2018 and put a further 1,000 in the pipeline by 2020.
Mr Leggeat told the local Press and Journal newspaper: “Since we established the Partnership company in 2004, we have built more than 1,500 high quality affordable homes.
“Our commitment to doubling that number by 2020 demonstrates the phenomenal growth we’ve seen in the business.
“Government backing has opened up new opportunities for housebuilders to positively contribute to affordable housing stock, providing high quality homes for families all over Scotland.”
He added: “Councils and housing associations recognise the requirement for more housing and are actively seeking to increase and improve their stock as funding becomes more readily available.
“The Scottish Government’s pledge to build more affordable homes is good news for families on social housing waiting lists.
“It will also benefit businesses like Springfield with an increased order book which will, in turn, secure and create jobs and growth.”
Via Scottish Construction Now. Read the original article here.