local authority can buy “off-the-shelf” properties which will then be used for rental, sought proposals in five areas including Monklands this summer and has to date led to “a number being considered with potential to deliver over 300 homes”.
North Lanarkshire has already purchased more than 100 properties through the scheme, saying that buying completed homes from developers is both cost-effective and supports the local economy, jobs and the construction industry.Councillors on the housing committee were told: “There has been a significant number of enquiries from developers outwith the towns in the pilot, which shows strong demand; every site [will be] assessed on its merits.“These acquisitions continue to represent good value for money.
Read more on dailyrecord.co.uk
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