Elgin-based house builder Springfield Properties plc said it has signed a new contract worth £6.3 million with the Wheatley Group for the delivery of affordable housing.

Wheatley Group is Scotland’s biggest social landlord.

Construction will commence immediately and is expected to complete by October 2025, with the majority of the revenue to be recognised in Springfield’s next financial year.  

Springfield Properties CEO Innes Smith said: “This new contract marks another great step for us in affordable housing, building on the excellent momentum with multiple recent contract wins and is a good way to end our current financial year in this area of the business.

“We are excited to once again be working with the Wheatley Group, a long-term partner of Springfield, to deliver these vitally important affordable homes.

“With our strong, established relationships with affordable housing providers across Scotland and a large high-quality land bank, we look forward to updating the market on further progress in this area in due course.”