Scotland Sees 21% Rise In Affordable Homes Built In 2018
There has been an increase in demand for rebar suppliers in Scotland due to a rise in the number of affordable homes delivered over the last year.
According to the latest statistics from Scottish government, 8,767 homes were delivered in the 12 months leading to September 2018, which brings the total number of affordable homes that have been provided in the country since 2007 to 80,104.
In the last year alone, there has been a 21 per cent increase in the number of affordable homes delivered in Scotland.
Housing minister Kevin Stewart stated: “Making sure everyone has a safe, warm and affordable home is central to our drive for a fairer and more prosperous Scotland.”
He added that delivering more than 800,000 homes over the last 11 years has been a “significant achievement” for the Scottish government.
A further £3 billion will be invested in order to provide another 50,000 affordable properties for people, including 35,000 houses for social rent.
“We have shown we can deliver on housing, and we will continue to do so,” Mr Stewart added.
Scotland’s house building has seen more progress in the last few years than in England, with 50 per cent more affordable housing units delivered per head of population. It has achieved an annual average of 137 homes per 100,000 people, in comparison with 86 in England.
Despite this, many housebuilders are trying to create as many homes as possible south of the border. This includes St Modwen Properties PLC, which has been offered £75 million, as part of a Homes England Infrastructure Loan.
This will help it build 13,000 new properties over the next seven years.