First Clovenstone Close Tenants Sign Up!

The first Clovenstone Close tenants signed up this week for the 15 new properties recently purchased from J Smart and co. (Contractors) PLC. The purchase, in the Clovenstone area of South West Edinburgh, has been supported by a grant of £2.4m from the City of Edinburgh Council, via the Scottish Government’s National Acquisitions Programme. This funding is for purchase of completed homes and the purchase of these fifteen properties will allow immediate access for fifteen households to move into permanent settled housing from temporary accommodation.

 The purchase of these properties will provide good quality affordable homes to households at a time when there is a severe shortage of accommodation.  A housing emergency was declared in Edinburgh in 2023 because of the lack of affordable homes in the city. 

 Brendan Fowler, Director at Prospect, said: “We are delighted to have been able to work with The City of Edinburgh Council and Scottish Government to buy these new flats.  There is a massive need for our properties, and we are aware that, due to lack of supply and limited funding, there can be a long wait for an affordable home in Edinburgh.  We’re helping people and families here, and the wait is over; they can now move into their new home.” 

 Prospect already has plans to purchase twenty-four properties in the same development later this year, also with the support of the City of Edinburgh Council and Scottish Government.