Mortgage & Property Advice Centre for First Time Home Buyers

Edinburgh's key workers given affordable housing help

19-Aug-2005

Edinburgh University is looking to bring in more teachers and lecturers to the Scottish capital, by offering them new affordable homes.

Aspiring first time buyers looking to get a foot on the property ladder can often be priced out of the market in big cities such as Edinburgh, but the new programme unveiled by the university will look to change that by offering teachers affordable homes.

Click here for information about key worker homes

The move comes as part of a campaign by Edinburgh University to increase the number of key workers willing to move to the city, and as such has decided to make land at Viewcraig Gardens available for the development of affordable housing for aspiring homeowners.

And the university has revealed that the affordable homes will be available to anyone earning between £19,700 and £25,000 and working in the public sector - not just teachers and lecturers.

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The development will help the local council to meet its goals for affordable housing in the city, as it is currently looking to up development from around 300 per year at present, to 1,000 per year.

Click here for advice on first time buyer mortgages or to find out how much you can borrow and how much it will cost you, from the UK’s leading High Street Brokers, Bradford and Bingley

Click here for our first time buyers guide to buying a property

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