Several groups of people across Scotland can access the financial support including elderly and disabled people.
First-time buyers and people on low to medium incomes are being encouraged to take advantage of a discount scheme to help them buy a home in 2023. The Open Market Shared Equity Scheme allows people to buy a home without having to fund its entire cost and is available across Scotland to those buying their first property and people in a priority access group.
The Scottish Government then receives a share of the money when any home purchased using the scheme is sold on at a later date. If you're eligible for the scheme contact the administering agent Link Homes - full details on mygov.scot website here.If your application is approved, you will get a 'passport letter' which says you can now look for a home under the scheme. The 'passport letter' will tell you the maximum price you can pay for a home. It will also tell you what your next steps should be.
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