Tag: Places for People

Housing Minister welcomes Varcity North tenants

JEF_0880a[1]Housing Minister Margaret Burgess welcomed new tenants to the first completed phase of Miller Homes’ Varcity North development in North Edinburgh yesterday.

In total, 89 new apartments, consisting of one, two and three bedrooms, will be available at mid-market rental rates at the development.

In 2011, Miller Homes, the City of Edinburgh Council and Scottish Futures Trust (SFT) created a limited liability partnership (LLP) as part of the National Housing Trust’s initiative (NHT), aimed at fast-tracking the delivery of new homes for mid-market rental throughout Scotland.

The LLP is working with managing agent Places for People to manage the completed properties, identify potential tenants and manage the rentals over the contract term.

Rent First@Varcity North will be available for rent to selected tenants, (employed on a minimum salary of £10k per annum, but struggling to find an affordable home to rent).

Under the NHT initiative’s rules, homes must be available to rent for a five year period, following which, tenants will have the choice to purchase their house at the market value or move on. Should tenants select not to buy, Miller Homes will sell the property on the open market.

Housing Minister, Margaret Burgess said: “It is fantastic to see house developers like Miller Homes embrace the opportunities offered by the Scottish Government’s pioneering National Housing Trust initiative. These new homes at Varcity North will go some way towards providing much needed affordable rented accommodation for Edinburgh residents.

“The initiative has been hugely successful, with deals secured with 13 developers to deliver over 1000 high quality homes for families throughout Scotland at very little cost to the taxpayer. A vibrant, expanding housing sector stimulates growth and protects and creates jobs in the construction sector and wider economy.”

David Knight, Managing Director, Miller Homes Scotland said: “We are delighted to bring the mid-market rental homes to market slightly ahead of schedule. Securing affordable housing in Edinburgh remains difficult and the challenging lending environment also means that buying is still out of reach for some households.

“The 89 apartments will go some way to helping those in employment secure an affordable rental tenancy. The apartments are developed to Miller Homes’ high standards of the quality of the build, fixtures and fittings and will form part of vibrant, modern development, which is quickly establishing its own sense of community.

“Rent First@Varcity North provides much needed homes at affordable rents for key workers and has also created vital local employment opportunities within the house building industry.”

Rents per month are set at £457.20 for a one bedroom, £594.39 for a two bedroom en-suite apartment and a limited number of three bedroom apartments available. Further details are available from Miller Homes.

Councillor Norman Work represented the city council at the event. He said: “The affordable homes available at Varcity North are a welcome addition to the market in Edinburgh. We continue to tackle the shortage in affordable homes and look for opportunities like the LLP with Miller Homes and Scottish Futures Trust to bring these very welcome homes to fruition.

“With around one half of the national uptake of NHT being in Edinburgh that gives us a sizable amount of homes available for rent. Not only will it enhance the local community, it will also offer a significant boost for those who are in work, who can’t afford to rent at full market rent.

“It is a great model to increase availability of the number of homes for rent in the city and gives people a real opportunity to become tenants and secure a home of their own and save for the future.”

Christa Reekie, commercial director at Scottish Futures Trust said: “I am delighted that the first phase of homes is now complete, providing hundreds of people in the capital with high-quality homes at affordable rents. We are pleases with the high standards of the Varcity North development which has already attracted a great deal of interest.”

Miller Homes purchased the Varcity North site as part of a larger transaction from Telford College, which comprised three campuses (Telford South, Telford West and Telford North). The development of Telford West campus for Home Scotland Housing Association (40 affordable dwellings) was completed in 2010.

Telford South is now known as Varcity South and has become one of the city’s – and Miller Homes’ – flagship developments. The last campus, now known as Varcity North, comprises 327 apartments within five new build blocks and a possible converted building. The apartments under the NHT initiative are within the Dundas Campus and the Dean Campus.

New Varcity North tenant Claire Wilson chats to Housing Minister Margaret Burgess
New Varcity North tenant Claire Wilson chats to Housing Minister Margaret Burgess

Work starts on new West Pilton homes

Work has started at West Gait, a 93 home mixed-tenure site in West Pilton. Development and regeneration specialist Places for People has chosen affordable housing expert Lovell to deliver the new houses with a £7.7 million design and build contract. 

The mixed-tenure scheme, situated off the waterfront access road at West Pilton Road, Terrace and Street, is being developed by Places for People. The new housing will complement a previous development by Castle Rock Edinvar that neighbours the new scheme.

Lovell was awarded the project after bidding competitively as one of Places for People’s framework contractors. Construction work started this week and the development is expected to be completed in October next year.

The new housing – a mix of 93 houses and flats – will feature 48 homes for affordable ownership, 15 homes for social rent and 30 mid-market rent homes. The affordable ownership units are a mixture of both shared equity and shared ownership, to provide as many options as possible for people to move in. Mid market rent properties enable those in employment who could not otherwise afford main market rents to access good quality new affordable homes.

The energy-efficient new homes will incorporate high levels of insulation to the external wall fabric and will also include a heat recovery ventilation system. This ventilation system exchanges air extracted from the kitchen and bathrooms for fresh air – achieving good air quality – with heat being recovered in the process.

Councillor Cammy Day, the city council’s housing leader (pictured above) said:  “North Edinburgh’s undergoing a transformation thanks to the effective partnerships that exist between the local community, the council and housing associations such as Castle Rock Edinvar. We are committed to the development of good quality affordable housing, making sure that the city’s people are well housed. The development of this site will deliver 93 homes for rent and ownership which completes an important part of the regeneration of this part of the city.”

Alister Steele, managing director of Castle Rock Edinvar, the Scottish Registered Social Landlord within the Places for People Group, said: “This development is bringing much-needed new affordable homes for Edinburgh, and we are providing a range of tenures which increases the number of options available for people. We will also maintain a long-term interest managing the development once complete. The properties will be sustainable to keep fuel costs down and high standards will ensure residents have new homes to be proud of.”

The scheme will also create new local jobs – Lovell will take on six school or college leavers to work on the project and two apprentices. Lovell regional director Alan Taylor said: “We’re delighted to have been chosen by Places for People to deliver this much-needed new affordable housing development for West Gait. We are committed to delivering a wide-ranging legacy of benefits in the communities where we work and the scheme, as well as delivering high-quality, energy-efficient new homes, will also create important job and training places for local young people.”

Lovell is also currently working with Places for People Developments at Craigs Road, where the company is building a £3.85 million development of 42 apartments.