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Low Cost Home Ownership

What is low cost home ownership?

Two women with tablet Low cost home ownership units are properties sold at a reduced cost to people who are unable to purchase on the open market.

New properties are provided by private developers to meet their obligation to provide an affordable contribution on each new site developed in Aberdeen. They are advertised and sold directly by the developer to people who meet the qualifying criteria set by Aberdeen City Council.

Resale properties occasionally become available and will be advertised on the Council website. People who have expressed an interest in this type of property may be contacted directly regarding a resale opportunity.

Who is eligible to apply?

Properties are aimed at first time buyers who are unable to meet their housing needs on the open market.  Applications can only be taken when properties are marketed by the developer.  Applicants may be asked to provide verification of their household income.

How are applicants prioritised?

Priority will be given to current tenants of Aberdeen City Council or any registered social landlord in Aberdeen. Household income will normally be taken into account.

Consideration will be given to the applicant's suitability for the size of the property for sale, e.g. for a two-bedroom property a couple with a child would have priority over a single person.

How do I apply to buy a low cost property?

Each development will be individually advertised in the press, and listed on this website.  Information on how to apply will be provided separately for each development and will be detailed in the advertisements for the properties.

There is no waiting list for this type of property however interested parties can register to receive notification of new developments using the email address below.

Further Information

 

Contact

  • Housing and Environment
    Business Hub 11
    Second Floor West
    Marischal College
    Broad Street
    Aberdeen AB10 1AB
    Phone: 01224 522929
    Email: LowCostHomes@aberdeencity.gov.uk 


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