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Established in 1975 , Bancon Group is a leading UK-based home builder and contractor , known for its work in affordable housing and timberframe construction . Offering innovative and efficient construction models , in-house expertise , and decades of industry knowhow , Bancon Group has come to dominate the Scottish market , with its timber-frame operation now reaching construction sites across the UK . The company is split into four key divisions : private for sale , land-led affordable , retro-fit , and Deeside Timberframe . As Chief Executive Officer , Kevin McColgan , begins : “ We build homes for the private sale market , 25 per cent of which contributes to the affordable housing scheme . Alongside that we operate Bancon Construction , through which we undertake large construction projects in the public and private sectors , and retrofit and landled affordable sectors . Finally , we specialise in timber frame construction , which works collaboratively with both the private and the affordable housing operations .”
Efficient solutions
Delivering quality affordable housing is central to Bancon Group ’ s mission . As Kevin reveals : “ The affordable housing model is one that I ’ ve worked with in the past , and I ’ m very passionate about it . As a child , I grew up in a council property . It showed me how important affordable housing is to people across the UK , and it ’ s definitely something that has influenced my work as a contractor and homebuilder . I remember waking up on a winter morning to find ice on the inside of my window . It ’ s hard to believe now , but that ’ s the condition of a lot of council homes in England and Scotland .
“ Our work in the affordable housing sector is about helping people . Forget the financial model for a second and focus on what you can do for the community . As a successful homebuilding business , we have
a moral obligation to do as much as we can . There ’ s a major shortage of quality affordable housing , and on top of that there ’ s very limited grant funding . There ’ s currently a £ 200 million shortfall in Scottish Government funding , so we ’ re facing an uphill battle .
“ We operate by purchasing land , both private for sale and affordable housing . We partner with the council , RSL , or housing association and deliver their requirements when it comes to housing needs . Bancon has a tremendous track record of building both smaller developments as well as new neighbourhoods running into the hundreds of homes .
“ That ’ s our current model , and it ’ s been quite successful . We ’ re currently working on an exciting project in Cloverhill , which is over 540 homes . At this point , affordable housing is part of our DNA . There ’ s no Bancon Group without these projects . In a lot of ways , it ’ s the most important work that we do .”
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