ParcLife is famous for building great value, award-winning homes. Owning one is now even easier because we’ve got two innovative shared equity schemes for new homebuyers to choose from.
- Under The Parc Shared Equity Scheme you only need to put down a 5% deposit and up to 20% of the cost of your home will be covered by a loan from Edinburgh City Council. What’s more, buyers have twenty years to pay back the remaining share of the house - over twice the usual time.
- Under the Scottish Government Shared Equity Scheme: you only need to pay between 60 and 80% of the price of your home. ParcLife and the Scottish Government will each take an interest free shared equity stake in your home.
Click here to find out more about these great deals and how they'll make owning a ParcLife home an even better deal than normal.
ParcLife offers an award winning selection of 1-2 bed apartments from £115,000 and 2 & 3 bed houses from £145,000. There is no stamp duty on any ParcLife home.
ParcLife is part of a 15-year vision to breathe new life into the Craigmillar area of Edinburgh. More than 3,000 new homes will be at its heart - built to the highest quality using award-winning innovative and fresh-thinking design.
The future promises to be even better with a major investment programme creating a safe and enjoyable place for people to live, work and visit. Along with more new homes, the 15-year vision for the area includes investing in more schools and leisure facilities, a new town centre with more shops and offices, improved green spaces and better transport links.
