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First time home buyers in Craigmillar receive a LIFT
Posted on 2 Apr 2009
First time home buyers in Craigmillar receive a LIFTPeople looking to buy homes in Craigmillar are to benefit from a 10% uplift in threshold prices as part of the £60 million support package extended to help first time buyers across Scotland find affordable homes.
The Open Market Shared Equity Pilot scheme, which was announced by the Scottish Government in January, is being expanded from 10 council areas to cover the whole of Scotland. The scheme is part of the Government’s Low-cost Initiative for First Time Buyers (LIFT), to help people on low to moderate incomes buy an affordable home.
Jim Kelly, sales and marketing manager for ParcLife Homes said: “This package will provide an excellent boost for first time buyers in Craigmillar. The 10 per cent uplift in threshold prices will make it much easier for customers to purchase the property of their choice and we encourage prospective buyers to come and find out more about this shared equity scheme at the ParcLife Sales and Information Centre on Niddrie Mains Road.”
Ends 2 April 2009
Issued on behalf of PARC by Weber Shandwick, public relations consultants. For more information, interviews and images contact Jennifer McMahon or Richard Bright on 0131 556 6649 or 07770 886 925 / 914.
Notes to Editors: PARC
PARC (www.parccraigmillar.co.uk) is a joint venture company which brings developers The EDI Group and The City of Edinburgh Council together with groups and representatives from the local Craigmillar community.
PARC is spearheading the regeneration of Craigmillar, involving a total investment of around £200 million. For Craigmillar, PARC wants to achieve:
• Quality, affordable new homes promoted and sold under the ParcLife name.
• New primary schools - including a joint primary schools campus at The Square.
• A new community high school and library located in the town centre.
• A new, revitalised town centre providing some 300,000 sq ft of space for commercial and retail development.
• A network of public parks bringing together 150 acres of green space.
• More local job and career opportunities.
• Improved learning and leisure facilities for young people.
• Better transport linkages and traffic calming measures.
For further information on ParcLife, please call 0845 220 5000 or visit http://www.parclife.co.uk
Read previous: Excellence in Regeneration Accolade
