Help to Buy (Scotland) Scheme

A strong and growing house-building industry is key to Scotland's future economic prosperity. The Scottish Government is supporting home ownership by helping people to become homeowners where it is affordable for them over the long term.

The Help to Buy (Scotland) scheme aims to help stimulate Scotland's house-building industry and to help people to buy a new build home in Scotland from a home builder who has been approved to participate in the scheme.

What is Help to Buy Scotland?

The Help to Buy (Scotland) scheme helps buyers to buy a new build home from a participating home builder without having to fund all of the purchase price.

Here's a short summary of how the Help to Buy (Scotland) scheme works:

  • The scheme is only available on new build homes from participating home builders and on homes up to a maximum value of £400,000
  • Your mortgage lender is likely to require you contribute a deposit of around 5% and your mortgage and deposit must cover a combined minimum 80% of the total purchase price.  Your mortgage from a qualifying lender must be a repayment mortgage and you are not permitted to buy a Help to Buy (Scotland) scheme property with an interest-only first mortgage.
  • The Scottish Government will help buyers to purchase the property and will take an equity stake of up to 20% of the value of the property
  • The Scottish Government’s equity stake can be repaid at any time.
If you are interested in the scheme, what should you do?
  • Read the information leaflet for buyers. This will provide you with vital information on how the scheme operates.
  • Search for Help to Buy properties that are for sale by a participating home builder. The properties may be marketed for sale on an estate agents website, on a home builder’s own website, in local newspapers, or on the radio
  • Contact the home builder for further details and to arrange viewings
  • Speak to a lender or an independent financial advisor before you submit an application form to one of the agents administering the scheme on behalf of the Scottish Government.
Particpating Home Builders
  • A&J Stephen Limited
  • AJC Homes Scotland Limited
  • Allan Munro Construction Limited
  • Allan Water Developments Limited
  • AMA (New Town) Limited
  • Andrew Davie Timber Frame Homes
  • ARK Estates (Scotland) Limited
  • AS Homes Scotland Limited
  • Auberne Homes Limited
  • Balado Limited
  • Bancon Homes
  • Barony Developments Limited
  • Barratt Homes
  • Bellway Homes Limited
  • Bett Homes Limited
  • BHC Limited
  • Blackwood Developments Limited
  • Blake Homes (Scotland) Limited
  • BMJ Property Limited
  • Braiklay Estates Limited
  • Bruce Estates LLP
  • CALA Homes
  • Campbell and Gay Builders Limited
  • Campion Homes Limited
  • Carleton House Limited
  • Carriden Homes Limited
  • Carse Country Homes Limited
  • CHAP Homes Limited
  • Charles Church Developments Limited
  • Charlesfort (Loch Lomond) LLP
  • Charter Carnbroe Limited
  • Claymore Homes Limited
  • Cluaran Homes
  • Colaren Properties Limited
  • Country Homes Scotland Limited
  • Credential (Hermiston) Limited
  • Cruden Estates Limited
  • Cruden Homes (East) Limited
  • David Wilson Homes
  • Dawn Homes Limited
  • Deen Homes LLP
  • Deveron Homes Limited
  • Discovery Homes (Scotland) Limited
  • Discovery Homes Limited
  • DLB Scotland Limited
  • Druid Developments Limited
  • Dundas Estates & Development Co Limited
  • FJE Homes Limited
  • Fraser & Grant Homes Limited
  • Freedom Homes (Stirling) Limited
  • GL Residential Limited
  • Glencairn Properties
  • Glen Homes (Scotland) Limited
  • Glenormiston Estates Limited
  • Grange Estates (Newbattle) Limited
  • Grovebury Management Limited
  • GRS Homes Limited
  • GS Brown Construction Limited
  • Guild Homes (Tayside) Limited
  • Hadden Construction Limited
  • Hagan Homes
  • Hall and Tawse Limited
  • Headon Developments
  • Highland Housing Alliance
  • ISIS Waterside Regeneration (General Partner) Limited
  • JK2 Developments Limited
  • J Smart & Co (Contractors) PLC
  • KBP (Scotland) Limited
  • Kier Homes (Caledonia) Limited
  • Kingsteps Construction & Management Services Limited
  • Kirkwood Homes Limited
  • Ladybank Homes Limited
  • Ladysbridge Village Limited
  • Lilybank Terrace Limited
  • Lochay Homes Limited
  • Lomond Group (Scotland) Limited
  • Lovell Partnerships Limited
  • M&J Ballantyne Limited
  • MacKintosh Highland
  • MacLeod Construction Limited
  • MacTaggart & Mickel Homes Limited
  • Malcolm Allan Housebuilders Limited
  • Manor Kingdom (Scotland) Limited
  • Mansell Homes
  • McKelvie Brown Limited
  • McTaggart Construction Limited
  • Merchant Homes Limited
  • Merchant Homes Partnerships Limited
  • MFJ Homes Limited
  • Milestone Developments (Ayrshire) Limited
  • Milestone Developments (Dalmellington) Limited
  • Miller Homes Limited
  • Milne Property Developments Limited
  • Modern Housing Limited
  • Modern Housing New Homes Limited
  • Mr K. A. & Mrs E. H. Gordon
  • Muirfield (Contracts) Limited
  • Muir Homes Limited
  • Mullberry Homes Limited
  • New City Vision Drumchapel Limited
  • New City Vision Gartloch Limited
  • Newcrest Residential Limited
  • O'Brien Properties Limited
  • Ogilvie Homes Limited
  • Orchard Building Company Limited
  • Orkney Builders (Contactors) Limited
  • Pat Munro (Alness) Limited
  • Pelbeach Limited
  • Persimmon Homes Limited
  • PHG Developments Scot Limited
  • Places for People Homes
  • Places for People Scotland
  • Quartermile Ventures Limited
  • Rathven Investments
  • Richmond Homes
  • Robertson Homes Limited
  • Rosewood Homes & Properties Limited
  • RW Leith Limited
  • Ryce Limited
  • S&R Developments (Arbroath) Limited
  • Scotia Homes Limited
  • Screw It Just Do It Limited
  • Serene Life Limited
  • Shieldhill Developments Limited
  • Southvale Homes (Lanark) Limited
  • Springfield Properties PLC
  • Stephen Gardiner Homes Limited
  • Stewart McNee (Dunoon) Limited
  • Stewart Milne Group Limited
  • Story Homes Limited
  • Strada Developments Limited
  • Taylor Wimpey UK Limited
  • Tulloch Homes Limited
  • Turnberry Homes Limited
  • Tweed Homes Limited
  • Upland Developments
  • Uppermill Farms Limited
  • Urban Union Limited
  • Veitchi Homes Limited
  • Walker Group (Scotland) Limited
  • Waverco Limited
  • WB Properties (Scotland) Limited
  • Westpoint Developments (Scotland) Limited
  • Wilson Developments (Scotland) Limited
  • ZeroC Holdings Limited

(Last updated 17 April 2014)

Lenders and Independent Financial Advisors (IFAs)

It is a pre-requisite of the scheme that all buyers must speak to a lender or an independent financial advisor before they proceed with applying to the scheme. A buyer can only submit an application form to one of the agents who will administer the scheme once they have discussed their position with a lender or an independent financial advisor.

There are currently 6 lenders offering mortgages for the Help to Buy (Scotland) Scheme;

  • Lloyds Banking Group
  • Barclays
  • Nationwide
  • Glasgow Credit Union
  • Leeds Building Society
  • Skipton Building Society
After Sale Shared Equity Procedure

The Scottish Government has prepared After Sales Shared Equity Procedures to help with any post-sale queries from shared equity owners. The document contains sample emails and correspondence to be used for situations including when a property is re-mortgaged, when a person wishes to purchase additional equity, and when a person wishes to add or remove a person from a shared equity documentation.

Home Builder Registration for the scheme

The registration process for home builders to take part in the scheme is still open to all home builders of new build homes in Scotland.

All home builders who wish to participate in the scheme must complete and return a Registration Form.

All home builders will be expected to enter into a Participation Agreement with Scottish Ministers. We recommend that organisations ensure that they can comply with the terms of the Participation Agreement before submitting a Registration Form.

Copies of the Participation Agreement, Guidance for Home Builders and the Registration Form can be requested from the Housing Markets Team by emailing housingmarkets@scotland.gsi.gov.uk

Business and Regulatory Impact Assessment (BRIA)

This Business and Regulatory Impact Assessment (BRIA) relates to the provisions for the amendment of Section 11 of the Land Tenure Reform (Scotland) Act, which is more commonly referred to as the '20 year security rule'.