Shared Equity
Shared equity helps people on low to moderate incomes who want to buy a home but are unable to meet the full price.
When you buy a shared equity on the open market, you pay for the majority of the equity in the property and the Scottish Government pays for the rest.
The Scottish Government helps you buy the property and they get the same percentage back when you sell or you wish to buy the Scottish Government’s equity stake.
The scheme aims to help the following:
- First-time buyers
- People who currently have a Scottish Secure tenancy with a Council, Housing Association or Cooperative
- Serving Armed Forces personnel or recent veterans
- People with a disability whose current home no longer meets their housing needs
Please note, however, that eligibility for each scheme can vary depending on the Scottish Government’s priorities.