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Low-cost Initiative for First-Time Buyers: New Supply Shared Equity

DescriptionLow-cost Initiative for First-Time Buyers: New Supply Shared Equity - Brochure. AMENDED JANUARY 2010
ISBN
Official Print Publication DateJanuary 2010
Website Publication DateJanuary 29, 2010

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ISBN 978 0 7559 9223 2 (Web only publication)
This document is also available in pdf formatEnglish (414kb) and pdf format Polish (430kb)

Contents

What is New Supply Shared Equity and how does it operate?
Who is it for?
How do I know if I'm eligible?
What percentage of a home can I have?
What responsibilities does a shared equity owner have?
What happens when I want to sell my shared equity property?
What else do I need to know?
How do I find out more?
How do I apply?

New Supply Shared Equity

The Scottish Government is committed to helping people meet their aspirations to become home owners where this is sustainable for them. This booklet gives information about our New Supply Shared Equity scheme that will help people across Scotland who are on low incomes, particularly first-time buyers, become home owners.

The New Supply Shared Equity scheme is separate from the Open Market Shared Equity Pilot that allows people to buy homes that are being sold on the open market in Scotland. A separate booklet covers that scheme.