The 500th property is one of the 25 houses and flats in Peterhead’s Fair Isle Crescent development, built for Osprey by CHAP Construction.  

A further 35 homes are currently under construction in the region and due for handover later this year,  

Osprey Housing CEO Stacy Angus said: “This is a significant milestone for Osprey, and to have been able to continue growing our stock numbers over the past few challenging years is something of which we’re very proud.”

The 500 homes built since Osprey restarted its development programme in 2016 are now providing quality new homes to tenants at Moray locations including Elgin, Lossiemouth, Fochabers, Keith, and Buckie, as well as Portlethen, Inchmarlo, Alford, Blackdog, Kincardine O’Neil, Stonehaven, St Fergus, Laurencekirk, Johnshaven, and St Cyrus in Aberdeenshire.

Further projects have been completed in Aberdeen’s Bridge of Don, Cloverleaf, and Countesswells. The additional stock includes two supported accommodation units, with Osprey working in partnership with local authorities to deliver this much-needed type of housing.

Stacy Angus assed: “We always prioritise quality — in terms of the size and type of properties we build and the finished product — and achieve this by working with locally-based development partners who are equally invested in creating successful communities for the future.”

She added that Osprey’s recently approved strategic plan for 2025-2028 has two key themes: keep improving and keep growing. She continued: “The strategic plan celebrates the success of the previous three years as well as looking forward to the future and how we can continue to develop great services for our tenants.  

“This period has seen us make huge steps forward in terms of our digital journey along with operational efficiencies that have allowed us to minimise rent increases during challenging economic times, prioritising value for money.”

Osprey Tenants and Residents Association (OTRA) has also recently endorsed the strategic plan, Ms Angus added. ‘Tenant engagement is a key part of our ethos. Listening to tenants’ views helps shape our services to ensure we meet the needs of individuals and the wider community.’ 

The Peterhead development comprises one-bedroom flats, of which four will be used for supported accommodation, a two-bedroom adapted bungalow, and a further mix of two and three-bedroom houses in addition to an accessible four-bedroom house.            

Brian Watson, Osprey Housing chair, said: “Completing our 500th home is testament to our commitment to delivering high-quality, affordable homes across Grampian. It also reflects the hard work and dedication of our team and partners. 

“We have as a target the delivery of 60 new homes a year over the next five years as we continue to address housing need and support sustainable growth throughout the extensive geographic area we cover.”

Bill Ross, senior contracts manager for CHAP Group Aberdeen, commented: “The opportunity to work alongside Osprey Housing has been valued greatly, and the shared commitment to quality and community impact made for a highly positive experience.  

“The successful completion of Fair Isle Crescent stands as a testament to what can be achieved through teamwork, local engagement, and a shared vision for better housing.’

Other recent milestones for Osprey include:

• A new 24/365 digital housing management system
• Cyber Essentials Plus accreditation
• Carbon Literacy Silver level accreditation
• Investors in People Gold status