BARRATT Developments Scotland has acquired 16 new sites with four more in the pipeline in a housing push that will create nearly 4,000 new homes.
It said that despite Brexit uncertainty, the new-build market remained strong.
The firm, which includes both the Barratt Homes and David Wilson Homes brands, acquired sites ranging from Inverness to the Central Belt, which will provide 2,644 homes, while the further four sites will bring 1,165.
READ MORE: Barratt reports lacklustre growth in new financial year
Barratt Scotland said the activity “builds on another strong year of output” having completed 1,862 homes across the country over the last financial year to June 2019.
Home completions were up around 7.6 per cent on the previous year.
House prices in Scotland continued to grow faster than in the rest of the UK, rising 1.6% year on year to an average in August of £154,549, compared to the UK average increase of 1.3% to £234,853, it said.
READ MORE: Murray Estates gets go-ahead for 638 homes in Lanarkshire
Douglas McLeod, of Barratt Scotland, said: “Despite continued uncertainty surrounding Brexit, both the environment and demand for new-home buying in Scotland remain strong.
"Availability in sought-after locations is good, interest rates remain low, and house prices are still rising.
“Our site acquisition activity is squarely focused on building attractive homes in popular places.”
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