New homes from ParcLife have always been excellent value for money. With no stamp duty to pay and with prices starting from £115,000 for a one-bedroom apartment and £145,000 for a two-bedroom house, they represent a fantastic deal.
Two shared equity schemes now available through ParcLife
New homebuyers are being offered a vital step on to the capital’s property ladder through two innovative schemes. Both will help first time buyers and other qualifiers purchase affordable ParcLife homes in Edinburgh’s Green Quarter.
The Parc Shared Equity Scheme: you’ll only need to put down a 5% deposit and up to 20% of the cost of your home will be covered by a loan from Edinburgh City Council. What’s more, you’ll have twenty years to pay back the remaining share of the house - over twice the usual time. Click here to find out more.
The Scottish Government Shared Equity is an initiative under the Scottish Government’s Low-Cost Initiative for First Time Buyers (‘LIFT’). You will need to pay between 60 and 80% of the price of your home. ParcLife and the Scottish Government will each take an equal interest free equity stake in your home. Click here to find out more.
Property of the Month
July’s Property of the Month is Plot 39, a beautiful two-storey three bedroom house located in Phase B. Previously priced at £210,000, this property now represents exceptional value for money at £185,000*.
The home boasts a large living room, a separate dining room and a spacious kitchen. Upstairs, the property has three bedrooms (one en-suite) and a beautiful family bathroom.
The house is thoughtfully designed and finished. There is ample built-in storage and high-quality fittings and fitments. These include a quality kitchen from Alno, with integrated appliances, and contemporary white sanitary ware from Porcelanosa. The home also has front and rear gardens and energy-efficient gas central heating.
Download the floorplans for plot 39 here
Phase B has been designed by award-winning architects and provides residents with beautiful shared open spaces including public squares, play areas and gardens. It’s a real community and a great place to live.
*subject to completion before the 30th of September 2010