£119,850 Prices From
Link has two bedroom terraced houses available for sale through the Scottish Government's New Supply Shared Equity (NSSE) scheme at Dunbeg, Oban. NSSE applications are open and properties are available for reservation now.
Through the Scottish Government's NSSE scheme, buyers can purchase an equity stake in the property of between 51% and 80% subject to their suitability and scheme criteria.
Our sales brochure and full pricing information are available on the Link Housing website, or by request via email.
Two bedroom terraced houses comprise:
Dunbeg Phase 3 is a mixed-tenure development comprising 260 homes for affordable rent and 40 homes for sale through the Scottish Government's New Supply Shared Equity (NSSE) scheme. Link Group reserves the right to convert any homes originally intended for NSSE sale which are unsold to affordable rented homes to be managed by West Highland Housing Association.
Type E1 - Two bedroom terraced house
£235,000 (buyer contribution £119,850 - £188,000)
Various plots available
Properties at Dunbeg will be factored by West Highland Housing Association. Each property will pay approximately:
Approximate Initial factoring costs (2022/23)
Houses: £10 per month
Approximate ongoing factoring costs (2023/24) as more landscaped areas are
Houses: £45 per month
Services covered by the factoring fee include:
• Communal ground maintenance
• Play parks insurance and maintenance
• Multiuse games area insurance and maintenance
• Management fee
To protect the supply of affordable housing in the area, the Scottish Ministers will retain a 10% equity stake in the property, known as a 'golden share'. For example, if a buyer purchased an initial equity stake of 70% and wished to increase their share in future, they may only increase up to a maximum of 90% as the property has a 'golden share' provision attached. When the property is sold, the Scottish Government must be offered the opportunity to purchase it.
Apply for a property
To reserve a property, you must first apply to the NSSE scheme. Please complete the online application form, which can be found only on the Link Housing Website, within the property advert.
For more information, email firstname.lastname@example.org or phone 01324 417 135.
To reserve a property, please complete an application form stating which plot you would like to reserve (you can include a first and second choice - please refer to the sales brochure for details of each plot). Plots will be allocated on a first come, first served basis on receipt of a complete application with supporting documents. Applications will only be assessed when all supporting documents have been received.
To support your application, you are required to provide the following documents for all applicants, regardless of if they are named on the mortgage:
Please ensure you have all of this information before proceeding with an application form.
If your application is successful, we will contact you and request that you pay a reservation fee of £250 to secure the property. If you choose to withdraw your application after you have paid the reservation fee, £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.