Help to Buy (Scotland)
The Help to Buy (Scotland) scheme means people can purchase a new-build home without the need for a large deposit.
Help to Buy (Scotland): Affordable New Build and Smaller Developers Schemes has been extended to March 2021. An additional £100 million will be provided over 2019-20 and 2020-21.
We worked closely with the housebuilding industry and lenders to agree how the scheme will operate.
This funding, in combination with our original Help to Buy scheme, means we will help around 18,000 households to buy new-build homes.
How to apply for the Help to Buy (Scotland): affordable new build scheme is on the mygov.scot site.
Guidance for homebuying professionals
We have produced documentation and guidance for professionals using the Help to Buy (Scotland) scheme:
- guidance for builders
- guidance for independent financial advisers and lenders
- guidance for solicitors
- guidance for administering agents on managing and assessing applications
- After-sale shared equity procedures
- Guidance Note summarising latest changes
Registers of Scotland development plan approval
Registers of Scotland has developed a development plan approval service. The service provides support throughout the stages of registering new developments. You can search for approved developments on its website.
Funding and monitoring information
We collect information to monitor the Help to Buy (Scotland) Fund. This includes a regular report on the number of sales and financial information associated with this, the monitoring information report and a report on the characteristics of those who have participated in the fund. Monitoring information for the previous Help to Buy Scotland scheme is also available. These data are not Official Statistics or National Statistics and they have been collated by Scottish Government as management information for the purposes of policy monitoring only.