The innovative twist is that the 42 flats at Brimmond View, Stoneywood are the first housing association homes to be built in Scotland without any government funding.

The development has been funded through a £3.6 million loan from The Royal Bank of Scotland and the remainder of the £5 million will be paid for by the ‘part rent part buy’ scheme. Affordable homeowners can expect to pay monthly payments between £450 and £480.
Alex Neil, Housing and Communities Minister, said: “I am delighted with the progress made by Grampian Housing Association. This development is great news for the local economy and for local families who wish to stay and work in the area.”
Grampian Housing Association Chief Executive Alan Moat said, “In Aberdeen, one of the most expensive and pressurised housing markets in Scotland, our ‘part rent, part buy’ shared ownership option will enable people to get on the property ladder and buy their home at a price they can afford. Our plans for intermediate rent will also play a key role in addressing the shortage of affordable homes in the area.”