About Whiteburn

Whiteburn is an award-winning independent homebuilder, which uses local supply chains to deliver thoughtfully designed homes and enhance communities. 

Why we invested

The Bank is working with Scotland’s housing sector to help unlock stalled developments, acting as a partner to SME builders with the aim of delivering more housing supply and choice in local communities.

Small and medium enterprise (SME) builders, like Whiteburn, have struggled to access finance due to a challenging macroeconomic environment while being met with rising costs associated with residential development. Last year, the Scottish Government declared a housing emergency. Meanwhile, the number of SME housebuilders operating in Scotland has fallen to its lowest level in 20 years.

Through this investment and the Peebles development, which was announced in November, the Bank and HGP are supporting Whiteburn’s delivery of 133 private and 29 affordable homes in the Scottish Borders, directly addressing the region's acute housing shortage.

 

 

“The housing shortage in the Borders is affecting families and the ability for people and communities to thrive. SME builders, like Whiteburn, are essential to helping solve the housing emergency; they support local supply chains and they drive wider economic growth.

“Through working side-by-side with Whiteburn, we’ve listened to understand their challenges and responded with practical support that helps get homes built where they’re needed most. We’re committed to backing more SME builders, so that together we can help strengthen Scotland’s communities, unlocking the opportunities for the people and families that live there.”
Nicola Douglas
Executive Director of Sustainable Investment, Scottish National Investment Bank

Key Information

Key Mission
Improving Places

Amount Invested
£3.85m
Location
Lauder
Co-investors
Housing Growth Partnership (HGP)

Key Quote

Eve McCurrich, Managing Director of Whiteburn, said: “As a leading SME housebuilder in Scotland, we are very proud to be supported by Housing Growth Partnership and to have secured further investment from the Scottish National Investment Bank. This strengthens our relationship with the Bank and gives a further boost to Scotland’s wider SME housing sector. 

“The funding will enable the delivery of a total 110 new homes, which includes 27 affordable properties in Lauder, as well as supporting our supply chain and creating new jobs. I think it underpins the passion we have at Whiteburn for creating quality homes in rural communities.” 

Colin Bennett, Investment Director at HGP, said:Lauder is our third development with Whiteburn and second with the Bank, which will bring much needed housing to the area across a variety of housetypes. 

“Our investment is part of a wider regional growth initiative between HGP and Whiteburn, designed to support delivery of a pipeline of sites and we are excited to see the local impact this development will have.”

 


Alignment to the United Nation's Sustainable Development Goals

All of the investments the Bank makes support the UN's Sustainable Development Goals. This investment supports the goals below:

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GOAL 3: Good Health and Well-being
Goal 3

Good Health and Well-being

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GOAL 9: Industry, Innovation and Infrastructure
Goal 9

Industry, Innovation and Infrastructure

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GOAL 11: Sustainable Cities and Communities
Goal 11

Sustainable Cities and Communities

How the Bank invests

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