This is the sixth consecutive annual increase in the total housing supply with Housing Minister Kevin Stewart adding: “We want to ensure everyone has a warm affordable home and these figures show we are on target to reach delivering 50,000 affordable homes by 2021.” However, Kevin Stewart fears that Brexit could impact future growth. See below. https://www.scottishhousingnews.com/article/scottish-government-welcomes-15-increase-of-new-housing-supply
The Scottish Low Carbon Heat Funding Invitation has made £30 million available to businesses and organisations for innovative solutions to heat buildings as part of a wider Low Carbon Infrastructure Transition Programme (LCITP). https://www.scottishhousingnews.com/article/30m-low-carbon-funding-to-encourage-renewable-heating
The plan will ensure that people who become homeless move to a settled home as soon as possible. The government will also give up to £2m to Social Bite, which is working with a range of partners to deliver Housing First Pathfinders in Glasgow, Edinburgh, Dundee, Stirling, Aberdeen and Aberdeenshire. https://www.scottishhousingnews.com/article/4-5m-promised-to-help-end-homelessness-in-scotland
Housing minister Esther McVey said: “The new rules now in force will allow residents to know how developers are contributing to the local community when they build new homes - whether that’s contributing to building a brand-new school, roads or a doctor’s surgery that the area needs." http://www.infrastructure-intelligence.com/article/sep-2019/new-rules-force-councils-let-public-know-wider-benefits-new-housing?utm_medium=email&utm_source=transactional&utm_campaign=weekly-email
According to the Bank of England mortgage approvals have taken a dip in November. Read it here https://www.mortgagesolutions.co.uk/news/2019/01/04/boe-figures-show-mortgage-lending-market-flat-at-best/?utm_source=customsell&utm_medium=email&utm_campaign=ms-house-advert-0401-first-send-1546600279
This is a good article stating how the FCA attempts to fix the mortgage market with technology is not the complete answer https://www.mortgagesolutions.co.uk/news/2018/12/14/fca-wants-to-change-mortgage-advice-rules-sinclair/?utm_source=customsell&utm_medium=email&utm_campaign=ms-house-advert-1412-first-send-1544780172
Question to the public. Is adding more house to the market a good thing??? https://www.mortgagestrategy.co.uk/housing-supply-up-2-says-government/
May then went on to say that the cap on how much councils can borrow against their housing revenue account assets in order to build houses “doesn’t make sense,” before adding: “today I can announce that we are scrapping that cap.” https://www.mortgagestrategy.co.uk/may-announces-end-to-council-borrowing-cap/ Do we really have a housing shortage in Scotland? Rates are low, you only need a 5% deposit and there are plenty of terraces and flats on the market so, can someone tell me where the shortage is??????