Listed housebuilder Springfield Properties has agreed a conditional acquisition of Inverness-based housebuilder Tulloch Homes for a net consideration of £56.4 million. Springfield’s third acquisition since joining the market in 2017, the directors believe the move will significantly enha
Highlands housebuilder Tulloch Homes is continuing to acquire more land after enjoying a surge in sales. The Inverness-based firm revealed that prospective land deals are being examined in the Black Isle and Drumnadrochit, as well as a couple of sites in the Central Belt.
Tulloch Homes Group has highlighted a return to work to all of its sites and strong buyer interest as reasons to be cheerful after attributing a 50% year-on-year drop in profits to the effects on the industry of the coronavirus pandemic. The private housebuilder saw a “substantial&rd
Highland-based housebuilder Tulloch Homes has experienced a surge of interest from potential buyers keen to move to the area. New sales and marketing director Jo McLaren has moved from Savills, where she was head of new homes for Edinburgh and the East of Scotland to take up the post, and stresses t
Highlands housebuilder Tulloch Homes said it enters 2021 with a full forward workload for the next nine months and the Inverness-based firm’s strongest array of planning consented developments in 20 years.
Badenoch and Strathspey is poised for a triple housing bonus in 2021 with Tulloch Homes beginning work on more than 200 new homes. The developments at Aviemore, Newtonmore and Carrbridge will see a springtime start to infrastructure and construction activity, sparking a record Tulloch investment in
Tulloch Homes has started infrastructure works on its new all-bungalows £10 million development at Culbokie in the Black Isle. Initial site investigation works have just been completed for Glascairn Meadows, a mix of 20 two and three-bedroom bungalows on land adjacent to the village shop.
Tulloch Homes has pledged to create and safeguard jobs and boost hard-hit suppliers after receiving planning approval for 267 homes in Inverness and Moray. The 155-home development at Druid Temple, Inverness, and the 112-home development at Knockomie, Forres, will represent a combined £70
A surge in pent-up demand has enabled the Highlands’ largest housebuilder to take its 150 employees fully off furlough and bring back its local sub-contractors. Tulloch Homes has reported that sales for the past eight weeks are now 28% up on the same time last year.
Caledonia Housing Association has confirmed a £40 million spend on seven current housing projects in Scotland with a further £35m earmarked for nine future developments, including a continued expansion in the Highlands. In total, Caledonia is on target to deliver 500 homes, the majo