Affordable Living in St Andrews

Home to a number of world class golf courses and surrounded by stunning views it comes as no surprise that St Andrews is a one of the most desirable locations in Scotland. Thanks to a new development by Bield, affordable living in St Andrews is now a realistic opportunity for older people looking to downsize and retire. The Walled Gardens, offers an increasingly appealing purchase arrangement allowing people to obtain property whilst giving them the freedom to release additional equity for their future. Apartments are available on a highly affordable shared ownership basis which combines buying with renting. House hunters can purchase 75% percent of their home, paying an occupancy charge on the remaining 25%, with the option to buy the remaining 25% over a period of time. Caryn Innes, Head of Development at Bield Property, said: “Being available on a shared ownership basis, the Walled Gardens apartments are perfect for those looking to downsize. “Purchasing a home through this arrangement creates a fantastic investment opportunity that is flexible to suit the homeowner’s situation and Bield is on hand to support customers throughout the process. Additionally as the buyer’s share of the property increases the occupancy charge decreases accordingly. “Our experts are on hand to provide additional support and expertise, to guide clients through financial decisions without imposing restrictions on their monetary arrangements.” The Walled Gardens is a collection of 78 luxury one and two bedroom apartments which seamlessly blend traditional architecture and construction with the best in modern, energy efficient interiors to make day-to-day living easy, safe and comfortable. The Walled Gardens is a collection of 78 luxury one and two bedroom apartments which seamlessly blend traditional architecture and construction with the best in modern, energy efficient interiors to make day-to-day living easy, safe and comfortable. “The generously proportioned apartments include stylish open plan kitchens in the living area, creating fantastic spaces for entertainment as well as important features such as lifts serving every floor, step free entry points, low profile showers and car parking. “Bield’s thoughtful approach to design means flexibility is built in. The changing needs of a buyer can be accommodated without fuss and thanks to our unrivalled knowledge, we can ensure that The Walled Gardens has everything needed to create a forever home.” “Bield want to change perceptions of retirement housing and help Scotland realise the investment potential and adaptability of developments such as these.” To qualify for shared ownership with Bield the householder must be aged 60 or over and your home at The Walled Gardens must be your primary residence.