Inland Homes’ Rosewood Housing subsidiary has finally received government approval to become a “for profit” registered provider of affordable housing after a 30-month registration period.

The AIM-listed housebuilder said registration would mean it could build and hold affordable housing units which it would then offer alongside its private homes for sale, collecting rental income and retaining the value of shared-ownership homes. 

Livingston-based Rosewood has already partnered with Clyde Housing Association on two developments in Carluke, 20 miles south-east of Glasgow, totalling 30 homes.