Loretto Housing to invest nearly £10m in homes and communities
A social landlord with homes across central Scotland has announced communities will benefit from £9.6m of investment in the next three years.
Loretto Housing Association is to invest millions to improve homes and neighbourhoods, transforming homes by making them warmer, drier and cheaper to run.
The investment will see:
- new kitchens in 250 homes;
- nearly 250 new front or back doors;
- loft or floor insulation improvements in 200 homes; and
- extra energy efficiency improvements, including around 750 new gas boilers.
The investment plans have been shaped by the views of tenants who asked for more money to be spent improving existing homes, while also making them more efficient to help with rising fuel bills.
Laura Henderson, Managing Director of Loretto Housing Association, said:
“Loretto Housing Association is committed to making homes warmer, safer and more comfortable for our families.
“These ambitious plans have been driven by the views of our tenants who want to see more money spent on improving our existing homes as well as on building more.
“This £9.6m investment is about ensuring our homes and communities remain great places to live and it forms part of our extensive programme of improvements to our customers’ homes and neighbourhoods over the coming months and years.”
In 2023-24, the last financial year, Loretto carried out over 14,000 repairs, spending £1.9m on improving existing homes and £4.4m on repairs and maintenance.
Loretto Housing Association has almost 2780 homes in the central and is part of Wheatley Group, which owns and manages over 93,700 homes across Scotland and was last year named as the UK’s biggest builder of social housing over the past decade.
Tuesday, February 25, 2025