North East developer delivers new homes with bank funding

Mintlaw housebuilder Claymore Homes is building 50 new residential properties in Cairnbulg near Fraserburgh with support from a six-figure funding package from Bank of Scotland.Construction of the development, which consists of three to five-bedroom houses, began in October last year.The development has been prompted by a demand for modern property in the historic fishing town, renowned for its traditional housing.Claymore Homes has also agreed to donate a piece of land to the local church as part of the build, helping the community hub extend its premises and provide additional parking for its congregation.Following the project’s conclusion, the £20 million turnover business plans to increase the number of developments it completes in the North East each year from five to seven.Bringing 200 new homes to Cruden Bay is next on the company’s agenda. It is also advancing with plans for a 24-plot development at St Combs.The first homeowners will move into the Cairnbulg development in June 2019.