Scotland’s SME Home-Building Sector Faces Decline Amid Housing Crisis
Scotland’s small and medium-sized (SME) home-building sector is experiencing a significant decline, according to new research. A report published by representative body Homes for Scotland (HFS) reveals that the proportion of new homes sold by builders constructing between 3 and 49 homes per annum has fallen from around 40% in 2017 to 20% in 2023. This decline comes at a time when Scotland grapples with a national housing emergency, with 28% of households (equivalent to 693,000 homes) experiencing some form of housing need. Let’s delve into the challenges faced by SME builders and the impact on Scotland’s housing market. The…
