The purchase, in the Clovenstone area of South West Edinburgh, has been supported by a grant of £2.4 million from the City of Edinburgh Council, via the Scottish Government’s National Acquisitions Programme.

The move will allow immediate access to good quality affordable homes to households at a time when there is a severe shortage of accommodation, evident in the declaration of a housing emergency in Edinburgh in 2023.

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 the Scottish Government.