The intention of this fund is to increase the supply of affordable housing in the regions town centres and settlements by bringing empty properties back into use.
The former Bank will include a one bedroom flat to be let at £70.75 per week, £306.58 per month, £3,679 per annum; and a three bedroom flat to be let at £93.32 per week, £404.38 per month, £4,852.64 per annum. We believe these levels are in line with those expected from Registered Social Landlords and within the levels for the Local Housing Allowance, which ensures affordability for residents as per our priority of offering alternative options for affordable letting in the Wigtown and Bladnoch area.
D&G Council’s Communities Committee were pleased to announce that WBCI has been awarded £60,000 from the Town Centre Living Fund to support the work necessary to convert the three bedroom flat and single bedroom ground floor apartment.