Get more information and updates from Bellway Homes regarding this development via:
Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.
Get more information and updates from Bellway Homes regarding this development via:
Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.
We’ve teamed up with one of the UK’s leading new homes mortgage specialists, New Homes Mortgage Helpline, to help find the right mortgage product for you.
Please note, by ticking the checkbox below you consent to Bellway sharing your data with New Homes Mortgage Helpline (a trading name of The New Homes Group Limited) who will contact you to offer unbiased, reliable and professional advice on mortgages available from a wide variety of lenders. Bellway will receive a commission of £350 when you complete on a mortgage arranged by the New Homes Mortgage Helpline through this portal. This commission does not affect mortgage terms and is not charged to homebuyers.
Your new Bellway home in Edinburgh, for 80% of the full market value. That means more money for the fun stuff. Here’s everything you need to know about the Golden Share scheme
If you’ve got a local connection to Edinburgh but would struggle to afford a home there, Edinburgh Council’s Golden Share scheme could be the helping hand you’ve been waiting for.
It’s an approved affordable housing tenure for homes that meet set criteria within the City of Edinburgh. These properties are sold at 80% of their market value to make them affordable for people in housing need, including first-time buyers and home movers.
The process of buying a Bellway home with the Golden Share scheme isn’t too different to the usual way, and you’ll own 100% of it. But with a 20% discount, more money stays in your bank account to go towards that big new sofa (or a bigger fridge to keep your favourite orange Scottish beverage ice-cold).
Oh, and another thing: the discount is passed on to all future buyers of your home too, so you’re helping more hopeful homeowners to move up the property ladder.
To make sure the Golden Share scheme helps the right people, here are three of the criteria you’ll need to meet:
The full list of criteria for the Golden Share scheme is on the City of Edinburgh Council’s website here, so grab a brew and have a read through. If you tick all the boxes, good news - it’s house-hunting time.
Whenever we’re building new Bellway homes in Edinburgh, there may be properties available to buy under the Golden Share scheme. The ESPC website keeps an up-to-date list of new-build developments with Golden Share properties so check back regularly to see what’s on offer.
If you spot a Bellway development in Edinburgh that catches your eye, you can also give our sales advisor a call to have a chat about any Golden Share homes that are available there, and they’ll let you know what to do next. Have a look at all our current developments in Scotland to find out where we’re building new homes now, and where we’ll be getting started soon.
If you strike gold and find a Bellway home you love that’s available with Golden Share, let your sales advisor know that you’re interested and they’ll explain all the next steps.
You’ll need to complete an application and provide a few important pieces of supporting documentation, but don’t worry, your sales advisor will walk you through everything. Edinburgh Council’s guide to the Golden Share scheme lists what they’ll need from you, so you can start preparing ahead.
The process of getting a mortgage to buy a Golden Share home will be just like buying any other home. Just let your sales advisor know if you’d like them to put you in touch with one of our trusted independent mortgage advisors for expert support – all for free if you’re buying a Bellway home.
The whole process was very positive and Bellway have shown us just how reliable a housebuilder can be – they’re fantastic.Amie and Thomas Lambert, Bellway homeowners at Meadow Rise
Getting a mortgage for a Golden Share home is no different to if you were buying a home on the open market. You’ll still need a deposit, and to secure a mortgage for the rest of the purchase price.
Applying for a mortgage can be stress-inducing, even if you’ve been through the process before. When you’re buying a Bellway home you can get support from a trusted independent mortgage advisor to navigate the journey from start to finish, and all for free. Just let your sales advisor know if you’d like them to put you in touch to get the ball rolling.
We know you don’t want to think about selling your lovely new home yet, but it’s good to know where you’ll stand in the future. Under the terms of the Golden Share scheme all future sales of your property will be capped at 80% of the open market value, so that subsequent buyers benefit from the discount too.
When you do decide to sell your home, you’ll first need to arrange a Home Report to determine your property’s full market value. Your solicitor or estate agent will then pass this over to Edinburgh Council who will agree the discounted resale price in line with their terms and conditions.
You’ll buy your Golden Share home for 80% of its full market value, but you’ll own 100% of it, including the 20% that was discounted.
This is different to other affordable buying schemes such as shared ownership, under which you purchase a share of a property and pay rent on the portion that you don’t yet own.
We’ll sell your house so you can snap up your new Bellway home sooner. No fees, no fuss.
Out with the old, in with the new build. We buy your home so you can buy one of ours. Easy peasy.
No chain and no pain. Our Good to Go homes are ready and waiting to be reserved for a quick move.
Trust us with the house, so you can find a home
