Springfield Properties has agreed an additional £18 million loan facility with Bank of Scotland as it prepares to navigate the uncertainty surrounding the current lockdown. The housebuilder said the additional support gives the group “sufficient headroom, should it be necessary, to withs
Springfield Properties
Springfield Properties has signed an agreement totalling £18.2 million with West of Scotland Housing Association (WSHA) for the development of 114 affordable homes and two commercial units in Dalmarnock.
Scottish housebuilder Springfield Properties said today it remains confident of achieving growth in line with management expectations after reporting increased sales, profit and margin. Interim financial results for the six months ended 30 November 2019 revealed revenues at the AIM-listed developer
Springfield Properties is set to deliver nearly 350 homes across two developments in Moray after planning refusals for both applications were overturned by the Scottish Government. Councillors had decided against applications for 316 homes at Ferrylea in Forres and 26 affordable homes Bain Avenue in
Springfield Properties’ 3,042-home ‘village’ development at Durieshill, Stirling, has been granted planning consent.
Stirling councillors will tomorrow be asked to approve plans for a 3,000-home application by Springfield Properties at Durieshill.
Springfield Properties is to deliver its first homes for Scotland’s private rented sector (PRS) and is targeting the release of hundreds of homes over the coming years. The housebuilder has signed a collaboration agreement with urban regeneration specialist Sigma to kick-start the process.
Colin Kenneth Rae, director of Homes for Scotland, has joined Springfield Properties as a new non-executive director with immediate effect.
Springfield Properties has reported strong growth, with delivery on all targets after the release of its full-year results. The housebuilder, who deliver both private and affordable housing, has announced its rate of completion of new homes increased by 23.6% to 952, from a previous 770. They have a
Springfield Properties has submitted a planning application for 86 new homes to the East of Elgin.
Private and affordable housing provider Springfield Properties has announced its first land acquisition in Inverness as the group continues its geographic expansion into the Highlands. The purchase at Easterfield Farm in Inverness follows other land recently secured in surrounding areas for Springfi
Springfield Properties has been granted planning permission for 42 new homes at Mount Ellen in Gartcosh.
Kingdom Housing Association has unveiled a new development of 26 houses, the first phase of a £7.1 million 50-unit project on the outskirts of Rattray in Perthshire and Kingdom’s first project in the Blairgowrie area. (from left) David Perkins, investment and local strategies co-ord
Springfield Properties is one step closer to delivering a new 2,500 home village at Gavieside Farm, Livingston, after submitting plans for the first 502 homes.
Housebuilder Springfield Properties said today that the growth it had reported in the first half of the financial year had extended into the second, while cost control had helped improve margins. (from left) Springfiel financial director Michelle Motion, executive chairman Sandy Adam and CEO Innes S