Ulster Bank supports ITS Homes with new Bangor housing scheme
Over £1.5million is set to be invested by a North Down developer in a new housing scheme in Bangor.
ITS Homes has begun construction work at Shamrock Glen off the Gransha Road in an investment that is being supported by Ulster Bank.
Eight homes are set to be built - the first phase will see two semi-detached homes built, with the developer planning to build a further four semi-detached homes and two four-bed detached houses.
Planning permission is already in place for all eight properties.
Peter Wallace of ITS Homes says: “Shamrock Glen is small development that will comprise eight generously proportioned, high quality family homes. It is set in a quiet cul-de-sac and within the catchment of many top schools, just two miles from the centre of Bangor and its marina, so we anticipate strong demand. We have worked closely with Ulster Bank and are very pleased to secure their support for the first phase of the scheme. The six semi-detached properties, at nearly 1,300 sq ft, are significantly larger than most other new-build semis available in the area.”
Keith Thompson, Ulster Bank business manager, says: “We are pleased to support the first phase of the development, which is helping sustain jobs in the local construction sector and will provide high quality homes for local people. We are keen to support all good business plans and have the funding available to do so. We’re keen to support home ownership, whether that’s through supporting development like this, or by introducing some of our lowest-ever mortgage rates.”
Based in Hollywood, ITS Homes is owned by Peter and Sally Wallace and Stephen Connor, and has been building, renovating and adapting houses for over 12 years.
Developments previously undertaken by the company include on the Princetown and Groomsport Road, Bangor; Craigantlet Road and Ballymascaw Road, Holywood; Tweskard Park, Belfast; and Bridge Road, Helen’s Bay.
