With a housing market that is outpacing national activity and an expectation that 9,000-plus new homes may be needed over the next ten years, the prospectus aims to encourage housebuilders and developers, large and small, to gain a foothold in the region.

Co-produced by the South of Scotland Regional Economic Partnership with independent property specialist Rettie, the prospectus is a key part of the South of Scotland Housing Action Plan, which was launched with the Scottish Government last year to create more homes and more choice of homes in the region.

Housing minister Paul McLennan said: “I’m encouraged by the strong partnership approach in developing the Prospectus to support the delivery of more homes, of all tenures, across the South of Scotland. Good quality housing is critical to support health, wellbeing, life chances, job prospects, tackling child poverty and driving economic growth.

“We remain focused on delivering 110,000 affordable homes by 2032 across Scotland with at least 10% of these in rural and island areas. That is why we are investing £768 million through the affordable housing supply budget this financial year.”

South of Scotland Enterprise chair, Russel Griggs OBE, added: “Never has there been such an exciting time for the South of Scotland with unprecedented levels of investment paving the way for new jobs, better connecting places and attracting new people to live, work and learn in the South of Scotland. This prospectus shows that the South of Scotland is open for business to housing developers. The demand for quality homes across all tenures is undeniable, and we look forward to working with developers on this exciting journey.”

Scottish Borders Council leader, Councillor Euan Jardine, said: “This prospectus brings to life the unique opportunity to create homes in the South of Scotland and be part of our growing and competitive housing market. We need more homes and we are committed to working with those who want to build in the South of Scotland.”

Dumfries and Galloway Council leader, Councillor Gail Macgregor, added: “The South of Scotland needs more housing, and this prospectus showcases that the region is a prime location for developers to build homes. There is a strong partnership approach and support from regional partners, ensuring the delivery of homes is a priority.”