Open Market Shared Equity (OMSE) administrative procedures: 2014
Provides detailed operational guidance for agents who administer the Open Market Shared Equity Scheme on behalf of the Scottish Government. Now superseded.
Annexe H
Purchase log form - To be returned to the Scottish Government by the Registered Social Landlords
Open Market Shared Equity Scheme - purchase log form
What is the purchase log form?
The purchase log form is used by the Scottish Government to collect information about purchases through the Open Market Shared Equity Scheme. The purchase log form is in three parts:
| PART A | Records details of the house purchased and is completed by the Registered Social Landlord. A person authorised by the Registered Social Landlord acting in connection with the purchase should sign the form to confirm the accuracy of all of the information contained in Part A. |
| PART B | Records information about the household which has purchased the house and is completed by one of the named purchasers. The purchaser's solicitor must ensure that this part of the form is completed and returned to the Registered Social Landlord on or before settlement. |
| PART C | Records information about the named purchasers of the house and is completed by each named purchaser. The purchaser's solicitor must ensure that this part of the form is completed and returned to the Registered Social Landlord on or before settlement. |
How long will it take to complete the form?
Each part of the form should take only a few minutes to complete.
What happens to the answers?
The answers are only for the use of the Scottish Government and its representatives and will not be passed on to any other third party. All of the answers given will be treated in the strictest confidence.
For purchasers:
By completing and returning this form to the Scottish Government you:
- confirm that you understand that the Scottish Government will use the information contained in this form for the purposes of collecting and evaluating information about purchases through the Open Market Shared Equity Scheme;
- acknowledge and explicitly give your consent to the Scottish Government (and anyone who they may authorise) processing your personal data, including any Sensitive Personal Data as defined in the Data Protection Act 1998, for the purposes referred to above. ('Sensitive Personal Data' is information concerning your racial or ethnic origin, political opinions, religious, philosophical or similar beliefs, trade union membership, physical or mental health, sexual life, commission of criminal offences and/or involvement in criminal proceedings); and
- acknowledge and explicitly give your consent to the Scottish Government (and anyone who they may authorise) potentially contacting you in the future to seek your views about the Open Market Shared Equity Scheme.
The Scottish Government, their representatives, and the Registered Social Landlord will process all personal data, including any Sensitive Personal Data, in accordance with the terms of the Data Protection Act 1998 and only insofar as is necessary for or in connection with any of the purposes referred to above.
Under the Data Protection Act 1998, you have the right to request a copy of the information we hold about you. We may charge an administrative charge for each request. You also have the right to request correction of any incorrect information.
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