Miller Homes planning more than 500 new houses in 'key' locations across east Scotland
and on Freeview 262 or Freely 565
The housebuilder said it would be bringing 526 “much-needed” new homes to popular towns and communities.
Advertisement
Hide AdAdvertisement
Hide AdThe firm will begin work on developments at Winton View in Tranent, Carberry Grange in Whitecraig, Station Brae in Maddiston, Victoria Wynd in Kirkcaldy and Calderwood in East Calder.
These new developments will feature homes in a range of styles and sizes, Miller added.
David Morgan, land director at Miller Homes, said: “These are key acquisitions, meeting the needs of local people and communities which are growing and thriving. They are all in prime locations, within reach of cities like Edinburgh and Glasgow, and will provide high quality homes for families of all sizes.
Advertisement
Hide AdAdvertisement
Hide Ad“Current demand for new homes in these areas is incredibly high and we look forward to playing our part in what is, for many, a significant new chapter in the stories of their local communities.”
The news came as fellow housebuilder Taylor Wimpey said it has been able to pass on all the soaring costs from squeezed supply chains to its customers as house prices increase.
The firm indicated its business has begun to return to normal pre-pandemic levels, with sales from its outlets being comparable to 2019 levels.
Advertisement
Hide AdAdvertisement
Hide AdIn the second half of the year so far, it has sold 0.91 homes per outlet, compared to 0.93 two years ago and 0.76 in 2020.
Cancellation rates, which hit 21 per cent a year ago, have also returned to a more normal 14 per cent.
Chief executive Pete Redfern said: “We are pleased with performance in the second half to date, and remain on track to deliver full-year 2021 results in line with previous guidance.”
Advertisement
Hide AdAdvertisement
Hide AdMatt Britzman, equity analyst at financial services group Hargreaves Lansdown, noted: “The UK housing market continues to build on its recent strength, with demand and mortgage availability remaining strong.
“Good news for Taylor Wimpey which continues to expand its land bank following a buying spree in 2020 when others closed their chequebooks. Of course, that carries additional risks should demand or volumes fall, but it’s a move that’s paying off so far.”
A message from the Editor:
Thank you for reading this article. We’re more reliant on your support than ever as the shift in consumer habits brought about by coronavirus impacts our advertisers. If you haven’t already, please consider supporting our trusted, fact-checked journalism by taking out a digital subscription: www.scotsman.com/subscriptions
Comment Guidelines
National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.