More affordable homes for Monifieth

In the latest part of our determination to make the local housing market as accessible as possible for home seekers, 22 affordable homes will be built at Victoria Grange in Monifieth.

Taylor Wimpey East Scotland is building 12 two-bedroomed homes and 10 three-bedroomed homes in partnership with us as part of our new supply shared equity scheme. Work is expected to complete in summer 2021.

The 22 homes form the final tranche of affordable housing on the development, which includes a range of two-bedroomed mid-terrace and semi-detached houses, as well as three-bedroomed terraced and semi-detached homes across four locations, including three Angus Housing Association sites. This exciting development will form an integral part of the new neighbourhood at Victoria Grange in Monifieth.

Taylor Wimpey has designed and created an affordable housing range that has allowed its team to work closely with us and our Housing Association partners to create affordable homes with a mix of tenures. On completion, this project will have delivered 84 affordable homes for Angus residents.

Our Communities Convener, Cllr Mark Salmond said: “We are delighted to be delivering new properties in partnership with Taylor Wimpey that will be made available through Angus Council’s new supply shared equity scheme in the summer of 2021.

“Low Cost Home Ownership is a crucial component in our commitment to increase the supply of affordable housing in Angus and will supplement the social housing already delivered on this site. We will help to sustain our local communities by providing a range of routes into home ownership for those people on more modest incomes.”

Pauline Mills, Land and Planning Director for Taylor Wimpey East Scotland, said: “Reaching the conclusion of this agreement for Victoria Grange marks another milestone on the journey towards completing the new community that’s growing at this established development in Monifieth.

“We’ll continue to work closely with Angus Council in order to complete the final 22 affordable homes by summer next year, in turn allowing the local community to reap the benefits of our long-term investment in the area.”

Applications for this scheme are not being accepted yet but should be in early 2021, with the properties due for completion by around August 2021 (subject to delay).

Further information, including how to apply, will follow in due course. Please go to the Monifieth, The Grange dedicated pages on our website for more information and qualifying criteria or email grange@angus.gov.uk.

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One Discounted Value Affordable House Left for Sale in Edzell

There is only one property left for discounted sale at Eskside East Mains in Edzell

This property offers exceptional value, more information can be found at the Thorntons Property website and at our Housing Developments website.

Get a LIFT onto the property ladder

If you are a tenant of a Council or Housing Association property, you could be eligible for up to 40% towards the price of a property through the Scottish Government’s LIFT (Low Cost Initiative for First Time Buyers) Open Market Shared Equity (OMSE) scheme.

How does the scheme work? 

The Scottish Government pays between 10% and 40% towards the price of a property you have chosen on the open market.

Example: the property is worth £100,000 and you can afford to contribute £70,000 (through mortgage/ deposit). The Scottish Government could contribute 30% (£30,000). When the property’s sold, 30% of the sale price would be returned to the Scottish Government.

You own the property outright and can increase your equity share over time.

Can I apply? 

Current tenants of Council or Housing Associations can apply to the scheme, even if not a first-time buyer. Visit Link Housing website for a full list of eligible groups.

What property can I buy?

The property must be:

• Advertised for sale publicly e.g. on an Estate Agent’s website.
• The correct size for your household.

Priced within the maximum threshold for the area. Angus thresholds:

 

 

 

An apartment is a habitable room including; bedrooms, living rooms, dining rooms and box rooms. Kitchens, bathrooms and conservatories are not classed as apartments.

How to apply?

Visit Link Housing website to find out more and apply online.

 

Discounted value affordable housing available in Edzell and Arbroath

Discounted value affordable housing is now available in Edzell and Arbroath. Follow the links for more specific information about these properties:

Arbroath Little Cairnie

 

Edzell Eskside

Enquiries should initially be directed through Thorntons Property but can also be sent to affordablehousingteam@angus.gov.uk

 

Low Cost Home Ownership Opportunity in Edzell

We have 3 properties available at a discounted price in a new housing development in Edzell that is due for completion in August 2019.

To qualify, you must live or work within, the local Government Ward of Brechin and Edzell, have a gross household salary not exceeding £29,314 (single) and £44,807 (couple), and have a demonstrable housing need.

The discounted sales price of these units is £134,421.

If you meet the criteria and want to note an interest, please contact the developer, DLB , by email or call 07501 430942.

We work closely with developers in the area to ensure that Angus residents can access a range of affordable housing options as part of the developers’ planning obligations on qualifying sites.

If you want to find out more about this, or any other affordable housing being built now in Angus, please visit our housing development webpage .

Affordable Housing for Sale – Shared Equity Scheme at Strathmore Fields Forfar

If you want to own your own home, but are on a low income, here’s an opportunity that might interest you.

Angus Housing Association, in conjunction with Guild Homes, offer 8 three-bedroom houses and 6 two-bedroom houses to buy under the Scottish Government’s New Supply Shared Equity Scheme.

If you are interested in the scheme and want to check if you can apply, please contact Thorntons Solicitors on 01382 229111, or visit their website.

For the full details of the properties check the Angus Housing Association and Thorntons websites and our Housing Development Website.

Updates to the Open Market Shared Equity Scheme

The Open Market Shared Equity Scheme helps people who want to buy a home on the open market but are unable to meet the full price.

The thresholds have increased in Angus, meaning if you meet the criteria you could now purchase:

·         1 bedroom property for up to £60,000,

·         2 bedroom property up to the value of £100,000,

·         3 bedroom property up to the value of £130,000,

·         4 bedroom property for up to £180,000,

·         5 bedroom property up to the value of £225,000.

The scheme is still available and here is the link to the website which explains the programme and the eligibility criteria for potential applicants.

Discounted value affordable house for sale in Arbroath

If you want to own your own home, but are on a low income, here’s an opportunity that may interest you.

Discounted value affordable housing is available for sale on the Little Cairnie development in Arbroath

For discounted sale:   2 bedroomed house

Estimated completion date:   March 2019

The full details of the property are on Thorntons website

Applicants for discounted sale units must:

• have household income lower than £28,739 (single person) or £43,928 (couple)
• be normally resident, or employed, in Angus
• have a demonstrable housing need

Our Housing Developments Website gives more details about this project.

Shared Equity schemes for older people

The Scottish Government has now made the over 60s a priority group for those wanting to access shared equity housing.

Shared equity is where an individual purchases a property at a discounted rate (up to 40%), with help from the government.

The government only claims its contribution back when the house is sold or when the individual purchases a larger stake in the property.

There are different schemes available, such as the open market shared equity scheme, new supply shared equity scheme, and help to buy (Scotland), and these all operate differently.

If you are over 60 and are looking to purchase a property more suited to your long term needs, or to be closer to family, but are struggling to find one that’s affordable, then one of these schemes may be for you.

For more information:

• Call  LINK on  0330 303 0125
• Email LIFT@linkhaltd.co.uk
• Visit www.linkhousing.org.uk/sharedequity