Scottish house builder puts rental housing schemes on hold

Scottish house builder Springfield has put all future affordable housing and build to rent schemes on hold due to rising costs and the Scottish Government’s plan to freeze rents in the face of the cost of living crisis.
The decision to derisk the building pipeline and concentrate on private housing schemes was announced alongside otherwise upbeat end of year results for the group.
Both affordable and contract housing amount to around a third of total group revenues.Scotland’s only st