Home Owners' Support Fund: property thresholds guidance
Guidance note setting out the property value thresholds for the Home Owners’ Support Fund (HOSF) for 2017 and 2018.
Content
1. Relevance
2. Setting of thresholds
3. Exceptions
4. Determining the open market value
5. Property thresholds in each local authority area
1. Relevance
The value of the properties accepted into the scheme must be no more than the maximum levels we have set in this guidance note. This is because any homeowner with a property above these thresholds may potentially be able to downsize. This value will be determined by our independent surveyors.
The property thresholds in this guidance note apply to applications made to the Home Owner's Support Fund from 1 April 2017 to 31 March 2018 (inclusive) for the following HOSF schemes:
- Mortgage to Rent
- Mortgage to Shared Equity
2. Setting of thresholds
The thresholds are based on an assessment of current housing market conditions within each local authority area. All thresholds are equal or higher than the respective OMSE thresholds used by HOSF prior to 2015.
3. Exceptions
Where a property value exceeds the relevant threshold, the homeowner may still be eligible for assistance if, as a result of a physical or mental health problem they can demonstrate a specific housing need, requiring them to remain in their property.
4. Determining the open market value
The Open Market Value of the property is determined by our independent surveyors, initially as a desktop valuation and then a survey of the home. There is no appeal process.
The survey report is tailored for use in the Scheme. Copies are sent to relevant parties ONLY when required to complete specific stages of the purchase. The survey report is the property of the Scottish Government and has no purpose outside the Scheme. Applicants will only be sent a copy with an offer letter, if issued. It is not available to applicants or advisors upon request.
5. Property thresholds in each local authority area
| Area | Apartment | Maximum valuation (£) |
|---|---|---|
| Aberdeen City | 2 | 95,000 |
| Aberdeen City | 3 | 125,000 |
| Aberdeen City | 4 | 140,000 |
| Aberdeen City | 5 | 185,000 |
| Aberdeen City | 6 | 250,000 |
| Angus | 2 | 70,000 |
| Angus | 3 | 85,000 |
| Angus | 4 | 105,000 |
| Angus | 5 | 150,000 |
| Angus | 6 | 190,000 |
| Argyll & Bute | 2 | 80,000 |
| Argyll & Bute | 3 | 90,000 |
| Argyll & Bute | 4 | 120,000 |
| Argyll & Bute | 5 | 175,000 |
| Argyll & Bute | 6 | 235,000 |
| Central Aberdeenshire | 2 | 120,000 |
| Central Aberdeenshire | 3 | 155,000 |
| Central Aberdeenshire | 4 | 170,000 |
| Central Aberdeenshire | 5 | 210,000 |
| Central Aberdeenshire | 6 | 250,000 |
| Central Mainland (Highland) | 2 | 95,000 |
| Central Mainland (Highland) | 3 | 125,000 |
| Central Mainland (Highland) | 4 | 145,000 |
| Central Mainland (Highland) | 5 | 185,000 |
| Central Mainland (Highland) | 6 | 225,000 |
| Clackmannanshire | 2 | 65,000 |
| Clackmannanshire | 3 | 80,000 |
| Clackmannanshire | 4 | 105,000 |
| Clackmannanshire | 5 | 170,000 |
| Clackmannanshire | 6 | 190,000 |
| Dundee City | 2 | 70,000 |
| Dundee City | 3 | 80,000 |
| Dundee City | 4 | 100,000 |
| Dundee City | 5 | 150,000 |
| Dundee City | 6 | 185,000 |
| Dumfries & Galloway | 2 | 70,000 |
| Dumfries & Galloway | 3 | 95,000 |
| Dumfries & Galloway | 4 | 115,000 |
| Dumfries & Galloway | 5 | 150,000 |
| Dumfries & Galloway | 6 | 210,000 |
| East Ayrshire | 2 | 65,000 |
| East Ayrshire | 3 | 70,000 |
| East Ayrshire | 4 | 85,000 |
| East Ayrshire | 5 | 100,000 |
| East Ayrshire | 6 | 180,000 |
| East Dunbartonshire | 2 | 80,000 |
| East Dunbartonshire | 3 | 105,000 |
| East Dunbartonshire | 4 | 140,000 |
| East Dunbartonshire | 5 | 180,000 |
| East Dunbartonshire | 6 | 240,000 |
| East Lothian | 2 | 110,000 |
| East Lothian | 3 | 120,000 |
| East Lothian | 4 | 135,000 |
| East Lothian | 5 | 170,000 |
| East Lothian | 6 | 225,000 |
| East Mainland (Highland) | 2 | 70,000 |
| East Mainland (Highland) | 3 | 70,000 |
| East Mainland (Highland) | 4 | 95,000 |
| East Mainland (Highland) | 5 | 115,000 |
| East Mainland (Highland) | 6 | 160,000 |
| East Renfrewshire | 2 | 75,000 |
| East Renfrewshire | 3 | 105,000 |
| East Renfrewshire | 4 | 130,000 |
| East Renfrewshire | 5 | 185,000 |
| East Renfrewshire | 6 | 250,000 |
| Edinburgh, City of | 2 | 115,000 |
| Edinburgh, City of | 3 | 130,000 |
| Edinburgh, City of | 4 | 160,000 |
| Edinburgh, City of | 5 | 205,000 |
| Edinburgh, City of | 6 | 280,000 |
| Eilean Siars | 2 | 60,000 |
| Eilean Siars | 3 | 90,000 |
| Eilean Siars | 4 | 95,000 |
| Eilean Siars | 5 | 120,000 |
| Eilean Siars | 6 | 130,000 |
| Falkirk | 2 | 65,000 |
| Falkirk | 3 | 80,000 |
| Falkirk | 4 | 100,000 |
| Falkirk | 5 | 160,000 |
| Falkirk | 6 | 190,000 |
| Fife | 2 | 65,000 |
| Fife | 3 | 80,000 |
| Fife | 4 | 100,000 |
| Fife | 5 | 155,000 |
| Fife | 6 | 185,000 |
| Glasgow City | 2 | 75,000 |
| Glasgow City | 3 | 95,000 |
| Glasgow City | 4 | 105,000 |
| Glasgow City | 5 | 160,000 |
| Glasgow City | 6 | 230,000 |
| Inverclyde | 2 | 60,000 |
| Inverclyde | 3 | 70,000 |
| Inverclyde | 4 | 90,000 |
| Inverclyde | 5 | 120,000 |
| Inverclyde | 6 | 195,000 |
| Midlothian | 2 | 110,000 |
| Midlothian | 3 | 120,000 |
| Midlothian | 4 | 135,000 |
| Midlothian | 5 | 155,000 |
| Midlothian | 6 | 235,000 |
| Moray | 2 | 80,000 |
| Moray | 3 | 100,000 |
| Moray | 4 | 120,000 |
| Moray | 5 | 150,000 |
| Moray | 6 | 195,000 |
| North Aberdeenshire | 2 | 75,000 |
| North Aberdeenshire | 3 | 100,000 |
| North Aberdeenshire | 4 | 115,000 |
| North Aberdeenshire | 5 | 155,000 |
| North Aberdeenshire | 6 | 200,000 |
| North Ayrshire | 2 | 65,000 |
| North Ayrshire | 3 | 70,000 |
| North Ayrshire | 4 | 80,000 |
| North Ayrshire | 5 | 105,000 |
| North Ayrshire | 6 | 180,000 |
| North Lanarkshire | 2 | 65,000 |
| North Lanarkshire | 3 | 70,000 |
| North Lanarkshire | 4 | 80,000 |
| North Lanarkshire | 5 | 115,000 |
| North Lanarkshire | 6 | 175,000 |
| Orkney Islands | 2 | 85,000 |
| Orkney Islands | 3 | 100,000 |
| Orkney Islands | 4 | 125,000 |
| Orkney Islands | 5 | 165,000 |
| Orkney Islands | 6 | 195,000 |
| Perth & Kinross | 2 | 90,000 |
| Perth & Kinross | 3 | 110,000 |
| Perth & Kinross | 4 | 155,000 |
| Perth & Kinross | 5 | 190,000 |
| Perth & Kinross | 6 | 240,000 |
| Renfrewshire | 2 | 60,000 |
| Renfrewshire | 3 | 75,000 |
| Renfrewshire | 4 | 95,000 |
| Renfrewshire | 5 | 125,000 |
| Renfrewshire | 6 | 205,000 |
| Rural Stirling | 2 | 125,000 |
| Rural Stirling | 3 | 125,000 |
| Rural Stirling | 4 | 175,000 |
| Rural Stirling | 5 | 260,000 |
| Rural Stirling | 6 | 340,000 |
| Scottish Borders | 2 | 85,000 |
| Scottish Borders | 3 | 110,000 |
| Scottish Borders | 4 | 155,000 |
| Scottish Borders | 5 | 200,000 |
| Scottish Borders | 6 | 250,000 |
| Shetland Islands | 2 | 85,000 |
| Shetland Islands | 3 | 100,000 |
| Shetland Islands | 4 | 125,000 |
| Shetland Islands | 5 | 165,000 |
| Shetland Islands | 6 | 195,000 |
| South Aberdeenshire | 2 | 110,000 |
| South Aberdeenshire | 3 | 150,000 |
| South Aberdeenshire | 4 | 175,000 |
| South Aberdeenshire | 5 | 220,000 |
| South Aberdeenshire | 6 | 250,000 |
| South Ayrshire | 2 | 75,000 |
| South Ayrshire | 3 | 80,000 |
| South Ayrshire | 4 | 105,000 |
| South Ayrshire | 5 | 130,000 |
| South Ayrshire | 6 | 190,000 |
| South Lanarkshire | 2 | 65,000 |
| South Lanarkshire | 3 | 75,000 |
| South Lanarkshire | 4 | 85,000 |
| South Lanarkshire | 5 | 120,000 |
| South Lanarkshire | 6 | 175,000 |
| Urban Stirling | 2 | 85,000 |
| Urban Stirling | 3 | 100,000 |
| Urban Stirling | 4 | 115,000 |
| Urban Stirling | 5 | 185,000 |
| Urban Stirling | 6 | 245,000 |
| West Dunbartonshire | 2 | 65,000 |
| West Dunbartonshire | 3 | 75,000 |
| West Dunbartonshire | 4 | 90,000 |
| West Dunbartonshire | 5 | 155,000 |
| West Dunbartonshire | 6 | 190,000 |
| West Lothian | 2 | 110,000 |
| West Lothian | 3 | 120,000 |
| West Lothian | 4 | 135,000 |
| West Lothian | 5 | 155,000 |
| West Lothian | 6 | 210,000 |
| West Mainland (Highland) | 2 | 115,000 |
| West Mainland (Highland) | 3 | 120,000 |
| West Mainland (Highland) | 4 | 135,000 |
| West Mainland (Highland) | 5 | 170,000 |
| West Mainland (Highland) | 6 | 220,000 |
Contact
Email: housing@gov.scot
Phone: 0300 244 4000 – Central Enquiry Unit
The Scottish Government
St Andrew's House
Regent Road
Edinburgh
EH1 3DG
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