Low-cost Initiative for First Time Buyers (LIFT)
Since 2007, our Low-cost Initiative for First Time Buyers (LIFT) shared equity schemes have helped over 12,000 people to buy a home.
There are two LIFT schemes:
the Open Market Shared Equity (OMSE) scheme, which in 2019/20 will provide £80 million to help people buy a home – within certain price thresholds – for sale on the open market
the New Supply Shared Equity scheme (NSSE), which helps people buy a new-build home from a council or housing association. Although buyers will own the property outright, our interests will be covered by a standard security on their property
More information for first-time buyers is available on the mygov.scot website: