These houses can be purchased outright or alternatively purchasers who meet the required criteria can purchase through the Help to Buy (Scotland) Affordable New Build Scheme. With Help to Buy you can buy a brand new home with only a 5% deposit and the Scottish Government providing you with up to a 15% equity loan, allowing you to purchase with a mortgage of only 80% of the sale price of the house.
If interested please click here download the application form, complete and return to Orkney Housing Association using the details below. If you are unable to download and print a copy please click here and fill in your Name and address details and a paper application will be posted to you.
If you wish to purchase using the Help to Buy Scheme then you should send your completed application to; Orkney Housing Association Limited, 39a Victoria Street, Kirkwall, KW15 1DN or email firstname.lastname@example.org
Key: Plot Available A: 2 Bed Villa B: 3 Bed Villa C: 4 Bed Villa
Please click on a plot for more information.
|Type||Bedrooms||Price||15% Help to Buy||You Pay||5% Deposit|
Security over your home is required. Your mortgage lender's deposit requirements will vary, but you should usually expect to contribute a deposit of at least 5% of the purchase price. Available on selected properties, and subject to the government's specific terms, conditions and qualifying criteria. Please consult Orkney Builders (Contractors) Limited's sales advisor for further details. The Government may lend you up to 15% of the property value through an equity loan which can be repaid at any time during the loan term or on the sale of your home. The Help to Buy (Scotland) Affordable New Build Scheme is available for existing home owners as well as first time home buyers.