Sold out homes shows buyers love Love Street development
Property developer Sanctuary Homes was inundated with people keen to buy 29 affordable houses in Paisley’s Love Street, Saints Street, North Bank, Cairter’s Corner and Abercromby Avenue.
Every home built for sale on the land where St Mirren FC once played has been handed over to local families.
Property developer Sanctuary Homes was inundated with people keen to buy 29 affordable houses in Paisley’s Love Street, Saints Street, North Bank, Cairter’s Corner and Abercromby Avenue.
The semi-detached and terraced homes were built by Sanctuary in partnership with the Scottish Government and Renfrewshire Council.
Lyndsey Wilson, Sanctuary Homes’ area sales manager for Scotland, said: “Our Love Street development is so popular it became a bit of an open goal for our sales team.
“The high quality of the houses combined with the history of the site saw plots reserved as soon as they became available.
“Witnessing the transformation of Love Street from a lifeless site into a new community is fantastic.
“The number of families moving here is fitting given how family-orientated St Mirren FC is.”
All 29 homes were sold through the Scottish Government’s New Supply Shared Equity (NSSE) scheme. The scheme enables first-time buyers to own an eligible property by taking a stake from 60 to 80%. The remaining cost is covered by an interest-free government loan, repaid when the property is sold.
Kirsten and Gavin Summers received the keys to a three-bedroom house on 17 December. The couple were delighted to be able to buy their own affordable home having outgrown their rented two-bedroom flat. The move has made life better for them and their children Jack, 7, and Sophie, 3.
Finance assistant Kirsten, 26, said: “The rising costs of renting in the private sector meant that was not an option for us to get the bigger home we needed. We also weren’t at the point where we could afford to buy a property outright.
“We were surprised at how easy buying through the NSSE scheme was. Jack and Sophie now have their own bedrooms and a private garden to play in.”
The last of the £19 million Love Street project’s 132 homes are due to be handed over by September. Of the 132 houses being built at the site, 103 will be for social rent.
A short film on the project can be viewed on YouTube HERE
Pictured: Gavin and Kirsten Summers with kids Sophie and Jack.