£84,150 Prices From
Link Group has 15 two-bedroom retirement apartments available for sale through the Scottish Government's New Supply Shared Equity scheme at Glenforth Court, South Queensferry.
Link Group is delighted to offer a brand new, low-cost home ownership opportunity in South Queensferry. Glenforth Court is a retirement living development, providing 22 new-build one and two-bedroom apartments.
An opportunity to purchase a retirement apartment through the Scottish Government's New Supply Shared Equity Scheme (NSSE). Buyers can purchase an equity stake in the property of between 51% and 80%, subject to criteria. The scheme is open to buyers 60 years of age and over who can live independently and are currently living in housing that no longer meets their needs and are seeking to either downsize or move to a property that is more suitable.
Located in South Queensferry, Glenforth Court provides affordable homes within easy reach of a variety of local amenities and transport links. The development is within 0.1 miles of a Tesco Superstore, which includes a café, and is less than 1 mile walk or drive from the picturesque town centre, where you can find a range of independent shops, cafes and restaurants.
Glenforth Court is well served by Lothian Buses. A bus stop outside the development provides access to the town centre (8 minutes bus journey), Dalmeny Railway Station (13 minutes) and Edinburgh city centre (41 minutes to Princes Street - West).
You and your family can enjoy the communal outdoor space and lounge as great places to socialise with other residents. We offer a mobility scooter storing area for recharging batteries and private parking onsite. A part-time property care assistant will look after the cleaning of communal areas (included in the service charge).
Two-bedroom apartments at Glenforth Court comprise of:
Glenforth Court, Ferrymuir, South Queensferry, EH30 9BQ
Two-bedroom, 2nd and 3rd floor retirement apartments
Prices from £165,000 (buyer contributions from £84,150)
(Please note, all properties will be liable to pay a monthly management fee of approximately £55 - £70.)
How to apply
Applications for properties at Glenforth Court open on 07 January 2021 . Register your interest in the development on Link's website to receive a sales brochure.
The New Supply Shared Equity (NSSE) scheme is a shared equity scheme from the Scottish Government, which was introduced to help people on low to moderate incomes buy an affordable new build home.
Through the NSSE scheme you can buy a new build home without having to fund its entire cost. You pay for the biggest share – between 51% and 80% of the home's cost – and the Scottish Government will fund the remaining share, which is held under a 'shared equity agreement'.
Eligible applicants can apply for funding of between 20% and 49% of the purchase price of a new build home at Glenforth Court.
To purchase a property at Glenforth Court, you must first reserve a plot by phoning Link Housing on 01324 417 135 and pay a £250 reservation fee. You will then be sent an online application form for the NSSE scheme.
As part of the application, you will need to provide:
If your application to the NSSE scheme is unsuccessful and Link cannot proceed with your application, the full reservation fee will be refunded.
If a reservation fee is paid and your application is accepted, but you later choose to withdraw, £100 will be refunded.
This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.