New homes available with Scotland’s 95% mortgage scheme


Friday 28th September 2012

Prices start at just £95,000 at Lovell's The Courtyard in Irvine

The MI New Home initiative came into force this month, making it easier for many house-hunters, particularly but not exclusively first-time buyers, to purchase their dream home. The scheme, which is supported by the Scottish government, involves lenders offering 95% mortgages on homes up to the value of £250,000 and is open to almost anyone buying a new-build property. Housebuilders across the country have a wide selection of homes fitting the criteria and those looking to find a new-build home in Scotland will find themselves spoiled for choice.

Taylor Wimpey's Fordell Lea development in Dunfermline offers a selection of two-, three- and four-bedroom homes ranging from £101,495 to £231,500. Potential buyers have 16 property styles to choose from, including apartments, terraced houses, semi-detached and detached villas. At the bottom end of the scale, the ‘Burrell' two-bedroom apartment comprises a living room/dining area, kitchen, master bedroom with fitted wardrobes, one further bedroom and bathroom. The ‘Hume' also falls under the £250,000 limit for the MI New Home scheme. This four-bedroom detached family home features a living room, dining room, breakfasting kitchen, study, garage, two en suites and a private garden.

With prices ranging from £89,500 for a two-bedroom apartment to £255,000 for a four-bedroom family home, Springfield Properties' Letterfourie development has something to suit everyone. The site is located to the southwest of Buckie, a coastal town in Moray. One feature of Letterfourie is the green area and play park that has been incorporated into the site, making it an attractive development for families with young children.

Situated in the picturesque town of Crieff, Stewart Milne Homes' Strathearn View development contains a mixture of one-, two-, three- and four-bedroom homes. The ‘Rowan' house type, priced from £89,995, is a terraced property comprising an open-plan living room and kitchen, master bedroom with large walk-in wardrobe, a study and a bathroom. The only other house type currently available at Strathearn View is the mid-terraced ‘Alder'. Priced from £111,995, the ‘Alder' also has an open-plan lounge and kitchen as well as a downstairs cloakroom, master bedroom with built-in wardrobe, second bedroom and bathroom.

The Courtyard is a Lovell development situated in the Ayrshire coastal town of Irvine. Properties available include two-bedroom apartments priced from £95,000 and three-bedroom terraced homes from £184,995. Depending on the type of property, benefits include dining rooms, family kitchens, en suites, fitted wardrobes and utility rooms. The development is close to the town centre and commuters are well placed with the railway station under a mile away and the M77 motorway also easily accessed.

New Homes in Scotland

Admiral Way
Admiral Way, Annfield Farm Road, Duloch, Dunfermline, KY11 8NN
NOW AVAILABLE from £114,995
Admiral Way offers luxury living by the award winning home builder David Wilson Homes. Admiral Way is in the final stages of development. This...
Earl's View
Earl's View, Woodilee Village, Off Woodilee Road, Glasgow, G66 3UA
NOW AVAILABLE from £335,000
DIRECTIONS Luxury 4 & 5 bedroom family homes prices from £345,000. Look forward to a new year in your new CALA home. Part...
Kirk Green
Kirk Green, Mauchline Road, Ayr, KA6 5HL
NOW AVAILABLE from £387,000
ONLY 3 HOMES REMAINING.MISS  OUR LAST HOMES AND MISS OUT. Contact us today to secure your dream home at Kirk Green. Luxury 5 bedroom ...
Millbank, Just off Leny Road, Deanston, Stirlingshire, FK16 6AP
NOW AVAILABLE from £299,995
Final homes now released.  Ask about Help to Buy (Scotland) at Millbank. Located in the heart of the Stirlingshire countryside near Doune, ...
David Wilson @ Fairmilehead
David Wilson @ Fairmilehead, Buckstone Terrace, Edinburgh, City of Edinburgh, EH10 6XH
NOW AVAILABLE from £365,995
David Wilson Homes @ Fairmilehead is perfectly located on the southern outskirts of Edinburgh and offers a great selection of two bedroom apartments...
Montgomerie Brook
Montgomerie Brook, Long Drive, Irvine, North Ayrshire, KA11 2GB
NOW AVAILABLE from £203,495
A charming development in the popular Ayrshire town of Irvine which offers a stylish mix of three, four and five bedroom detached homes. Every house...
Gilsland Grange
Gilsland Grange, North Berwick, East Lothian, EH39 5JA
NOW AVAILABLE from £565,000
Situated in the picturesque East Lothian coastal town of North Berwick, Gilsland Grange’s spacious four and five bedroom family homes offer...
Church Hill Brae
Church Hill Brae, Millgate, Winchburgh, Broxburn, EH52 6SN
NOW AVAILABLE from £124,995
Whether you are searching for your dream family home or making your first step on the property ladder, Church Hill Brae offers a stunning collection...
Ochilview, Main Road, Maddiston, Falkirk, FK2 0LU
NOW AVAILABLE from £99,995
At Ochilview, we have a fantastic selection of three, four and five bedroom semi-detached and detached family homes. Set in a semi-rural location on...
Parklands, Coltswood Road, Coatbridge, North Lanarkshire, ML5 2AB
NOW AVAILABLE from £132,495
Welcome to Parklands - introducing our new 'Caledonia' range of homes to Coatbridge. This new neighbourhood will include three bedroom terrace, semi...
The Beeches
The Beeches, Queensferry Road, Kirkliston, Edinburgh City, EH29 9AQ
NOW AVAILABLE from £259,995
At The Beeches in Kirkliston, Barratt Homes brings you the best of both worlds. With a great selection of homestyles in a great location you'll find...
Cala At Fairmilehead - West Cairn Apartments
Cala At Fairmilehead, Edinburgh, City of Edinburgh, EH10 6QJ
With the rolling Pentland Hills providing a stunning backdrop, these fantastic apartments embody style and flexibility. Our range of one, two and...