| Description | Low-cost Initiative for First-Time Buyers (LIFT): Open Market Shared Equity Pilot (OMSEP)Brochure |
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| ISBN | na |
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| Official Print Publication Date | March 2009 |
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| Website Publication Date | March 31, 2009 |
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ISBN 978 0 7559 8028 4
This document is also available in pdf format (480k)
Polish version (pdf -107k)
Open Market Shared Equity Pilot
The Scottish Government is committed to helping people meet their aspirations to become home owners. This booklet gives information about our Open Market Shared Equity Pilot that will help people across Scotland who are on low incomes, particularly first-time buyers, become home owners.
The Open Market Shared Equity Pilot is separate from the New Supply Shared Equity scheme which mostly relates to homes that are newly built by registered social landlords. A separate booklet covers that scheme.
Contents
What is the Open Market Shared Equity Pilot and how does it operate?
Who is it for?
How do I know if I am eligible?
What percentage of a home can I have?
What responsibilities does a shared equity owner have?
What happens when I want to sell my shared equity property?
How do I apply?
What happens next if I make an application and it is approved?
What else do I need to know?
How do I find out more?
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