Help to Buy (Scotland)

The Help to Buy (Scotland) shared equity scheme was launched on 27 September 2013 by Deputy First Minister Nicola Sturgeon, giving buyers the opportunity to purchase a majority share in a new build home up to the value of £400,000.

Intended to run to the end of March 2016, the scheme is open to all buyers to purchase a new build home. This means that existing homeowners can participate in the scheme as long as they sell their existing home first.

Further information on the scheme, including an information leaflet for buyers and a list of participating home builders can be accessed on the Scottish Government web site here.

Customers interested in buying a new build home through Help to Buy (Scotland) should contact a participating builder directly.

Homes for Scotland worked closely with the Scottish Government and CML on the development of the scheme and has an ongoing role in monitoring/review.

Home builders seeking further information should contact Head of Policy & Operations Karen Campbell at /0131 455 8350.

Press enquiries:

Please direct press enquiries as below:

Membership & Communications Manager Jennifer Kennedy – / 0131 455 8350
Membership & Communications Officer Lauren Trouten – / 0131 455 8350

Case study



Young professionals Rhys and Tanya Morris (above) are among the first  to reserve a new home with Help to Buy (Scotland) at Taylor Wimpey's Hopefield Grange development in Bonnyrigg.  Click here to read their story.

Help to Buy – UK Guarantee

The second phase of Help to Buy – a UK-wide mortgage guarantee scheme, was launched by HM Treasury on 8 October 2013. The £12 billion scheme is available across the UK, meaning mortgage products are available to buyers in Scotland.

The scheme will run for three years, with mortgages available to buyers for new build and existing homes (as well as remortgages) up to a maximum value of £600,000.

An outline of the scheme can be accessed here. The scheme rules can be accessed here.

Customers interested in applying for a mortgage through the Help to Buy Guarantee scheme should seek independent financial advice from a mortgage broker or contact a participating lender directly.

Home builders seeking further information on this scheme should contact Head of Policy & Operations Karen Campbell at /0131 455 8350.


Home builders welcome UK-wide Help to Buy mortgage guarantee scheme
(8 October 2013)

HM Treasury press release (8 October 2013)