Scottish Government grant allows Sanctuary to own half of high rise flats

 
 
Written by Scott Campbell.
Published at 17:11 BST on Tuesday 26th June 2012.

Scottish Government grant allows Sanctuary Cumbernauld to buy out 100 high rise private home owners who cannot get a mortgage.

Sanctuary Cumbernauld have been awarded a grant of £3.2 million by the Scottish Government to allow them further their ‘High Rise Project’ which will see Cumbernauld’s tower blocks torn down and replaced with new homes.

Commenting, Scottish Government Housing Minister Keith Brown said: “This funding represents significant Scottish Government investment for Cumbernauld. It is good news for local people looking for affordable rented housing.

He added: “We are determined to increase Scotland's stock of good quality affordable housing while helping to safeguard jobs and provide new employment opportunities.”

Sanctuary Cumbernauld say that they already owned nearly half of the 566 flats across Cumbernauld’s 12 high-rise blocks, with Sanctuary owning 215 of the properties.

Cumbernauld’s twelve high-rise flats were built in the 1960s. However, their age and method of construction, which followed a French model, has seen them blighted by problems, including water penetration and damp in some flats.

Since announcing the High Rise project in late twenty-ten, Sanctuary Cumbernauld have completed the construction of  three new flat blocks in Fleming Road, which went on to house thirty-one households from the Allanfauld Road high-rise blocks, in January, which Cumbernauld and Kilsyth SNP MSP Jamie Hepburn describes as “…a great and obvious improvement” on the previous housing stock, following a visit in early March.

Now though Sanctuary Cumbernauld have been awarded a £3.2 million grant from the Scottish Government, which Sanctuary say will allow them to buy out 100 flats in the local area, where tenants are struggling to get mortgages, commented Peter Martin, Sanctuary Group’s Director of Development: “This grant allows us to buy out around 100 private owners who are keen to leave the blocks, but can’t get a mortgage on their flats.

“The vast majority of high-rise residents support our plans which - if approved by the local planning authority – will give a £70 million-plus shot-in-the-arm to the local economy, sustain jobs in construction and create new jobs, apprenticeships and training opportunities for the local community.

Peter added: “We will continue to work in partnership with the Scottish Government, North Lanarkshire Council and the residents as we try to bring these exciting plans to fruition.”