Shared Equity schemes

This content applies to Scotland only.

Housing laws vary between Scotland and England. This page applies to Scotland only. Get advice relating to England

The two Shared Equity Schemes were set up by the Scottish Government to give financial help to people who cannot afford the full purchase price of a home. Like shared ownership, the scheme allows you to buy a stake in a property, which can be either be built by a housing association or bought on the open market. However, you don't have to pay any form of rent for the part you don't own.

While these schemes are primarily aimed at first time buyers on low incomes, it can also help others who need to move. This can include disabled people or people with particular needs, people whose homes are going to be demolished or those needing to move following a significant change in household circumstances.

New Supply Shared Equity scheme

This page explains how the New Supply Shared Equity scheme works, who is eligible to apply and what to do if you're interested in making an application. Read more 

Paying for a New Supply Shared Equity property

You'll probably need to take out a mortgage to buy a share in a New Supply Shared Equity property, and find a solicitor to help you with the legal work. This page explains the buying process, and what you can do if you want to buy an additional stake, or sell your stake. It also looks at what you can do if you're having problems paying the mortgage. Read more 

Open Market Shared Equity scheme

The Open Market Shared Equity scheme currently runs in selected areas across Scotland. The scheme allows people on low incomes to buy a home on the open market with the assistance of a housing association. Read more