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29/07/2021

Osprey Housing Announces £2.85m Housing Development Investment

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Osprey Housing has announced an investment of £2.85 million in a new housing development project with Moray-based housebuilder Tulloch of Cummingston.

The project will develop 76 new homes as part of a major project in Lossiemouth.

The initial phase of this venture represents a £2.85 million undertaking for Osprey — the group's largest new-build project yet — with grant support from the Scottish Government of £1.75 million.

All the homes Tulloch is building for Osprey — at Kinneddar Meadows, on the edge of the Moray town — will be 'tenure blind'. This means their specifications will closely mirror those of the properties being built for sale, with the aim of increasing social integration within a carefully planned community that will give residents a sense of pride and belonging in a warm, neighbourly, setting.

Osprey CEO Glenn Adcook said: 'We are delighted to be working with Tulloch, whose ethos so closely matches ours.

"This is the biggest new-build project Osprey has ever undertaken and will also feature the largest individual properties we've ever been able to offer."

Mr Adcook added: "We are confident that using the "tenure blind" approach will enhance social cohesion across the development and wider community.

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"This exciting new development — inclusive of the affordable housing — will bring great benefits to the area. It not only provides high-quality, affordable homes but an exceptional place to live and confirms Osprey's commitment to investing in Moray — a key promise made to our Moray tenants in the recently-completed transfer of engagements.

"Starting a new development as ambitious as this is also testament to the strong collaborative working between Osprey Housing, the developer, Moray Council, and the Scottish Government."

The first phase of building for Osprey is under way and will comprise 20 affordable homes. Handover of the first 10 units is estimated to begin in March 2022 and then continue on a rolling programme basis.

Osprey's Kinneddar Meadows first phase mix will feature…

• Eight three-bed, six-person semi-detached houses

• One three-bed, six-person detached house

• Six four-bed, seven-person semi-detached houses

• One five-bed, nine-person detached house

• Four one-bed, two-person semi-detached bungalows.

The bungalows will all be fully accessible with ground-floor access shower rooms and widened doors. The four- and five-bed family homes will have ground-floor bedrooms and shower rooms, with the same accessibility features as the bungalows.

When complete, the entire Kinneddar Meadows greenfield development — located close to RAF Lossiemouth and Elgin and with easy access to schools, community centres, and medical centres — will mark Tulloch's largest to date and comprise a total of 270 homes. The first phase was released three years ago, with Tulloch committed to finishing the development within the next 10 years.

John Tulloch, managing director of Tulloch of Cummingston, said his company had previously worked with Osprey on other Moray developments, adding: "We are delighted and happy to nominate Osprey Housing our 'social housing partner of choice'.

"Tulloch is a family-run business, established for more than 50 years and committed to employing local trades people, suppliers, and contractors. We share the same business ethos as Osprey and enjoy an excellent working relationship with the team."

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