Investing in homes
Communities across Scotland continue to be transformed - and lives changed for the better - thanks to the financial power of Wheatley and our subsidiaries.
In 2020-21, despite the restrictions of the pandemic, the Wheatley family spent £47million modernising and maintaining homes in our neighbourhoods across 19 local authority areas in Scotland, reflecting the needs and priorities of our local customers, staff and stakeholders.
Between 2015 and 2021, the Group invested over £394 million in our existing homes. This included fitting thousands of new kitchens, bathrooms, heating systems, roofs, doors and windows to make homes warmer, more environmentally-friendly and cheaper to run. On top of this, we continue to invest in neighbourhoods, upgrading communal areas such as foyers in multi-storey flats, backcourts, stairwells, green spaces and community gardens.
This large-scale investment in our communities is just the start for our homes and customers. Wheatley will invest £360 million in improving, modernising and maintaining homes across the Group over the next five years.
There will be a significant programme of investment in our most recent partnership, Dumfries and Galloway Housing Partnership, as we modernise and revitalise homes throughout communities in that region.
Wheatley is also committed to ensuring our homes meet the energy efficiency and sustainability standards laid down by Scottish Government as we work together towards the target of net-zero greenhouse gases by 2045.
The Group has provision for investing £100 million by 2026 on projects that will improve the energy efficiency of our homes.
Invested in our homes in 2018/19