GLASGOW ‘S west end will see more than 100 new homes built thanks to a £26.5million funding package.

Clydesdale Bank has provided financial support to Partick Housing Association.

The deal involves a refinance of debt provided by another lender and additional funding to help construct new homes over the next few years.

The social landlord has already earmarked the vacant site of the former St Peter’s School in Partick.

The £8 million redevelopment will consist of 60 flats and will offer a mix of social housing, mid-market rental property and supported accommodation.

Work is expected to commence on the site, which will incorporate conversions and new build properties, early next year.

Les Milne, chairman of Partick Housing Association, which already owns some 1,800 properties in the west end, said: “We’re pleased to have secured further support from Clydesdale Bank.

“The funding package put in place is a real boost for our commitment and ambitious plans to provide new homes and improve existing homes to meet local housing needs, which will deliver significant benefits for the people that matter – our tenants.

“With Clydesdale Bank’s support, we are now a step closer to delivering the redevelopment of the St Peter’s site.

“The deal also means we are repaying our existing debt on more favourable terms; enabling us to invest more in delivering new and improved homes and meeting the diverse needs of people in the west end of the city.”

The new homes are being delivered to help meet a significant shortage in quality affordable homes in the west end of the city.

To help fill the gap, Partick Housing Association recently launched a new £6.5 million housing development at Broomhill Gate.

The 46-unit site was constructed on the site of the former Broomlea School.

Elaine Reed, Head of Social Housing at Clydesdale Bank, said: “This deal builds on the huge commitment that the Bank has already made to the social housing sector. “