Publication - Advice and guidance

Open Market Shared Equity (OMSE) administrative procedures: 2018

Published: 30 Oct 2018
Directorate:
Housing and Social Justice Directorate
Part of:
Housing
ISBN:
9781787813274

Updated guidance for administering agents on the Open Market Shared Equity (OMSE) scheme's administrative procedures.

131 page PDF

844.8 kB

131 page PDF

844.8 kB

Contents
Open Market Shared Equity (OMSE) administrative procedures: 2018
Section Four: Post Sale Duties for Administering Agents

131 page PDF

844.8 kB

Section Four: Post Sale Duties for Administering Agents

4.1 The Scottish Government has prepared Guidance in relation to information on After Sale Shared Equity Procedures for use by Administering Agents.

4.2 Every five years after settlement of a shared equity transaction for as long as Scottish Government retains an equity stake in a property, Administering Agents should send a copy letter (the content of which is set out in the ASSEP Procedures) to a shared equity owner which will advise them to consider purchasing additional equity.


Contact

Email: Shared Equity Enquiries