Shared equity helps people on low to moderate incomes who want to buy a new home but are unable to meet the full price.
When you buy a shared equity home from Link, or 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.
Open Market Shared Equity (LIFT)
The Scottish Government has announced new funding available for the financial year 2016/17, for which we are now accepting applications.
The LIFT Open Market Shared Equity scheme can help you buy a home for sale on the open market if it falls within a specific price range. Please read the current price thresholds. The LIFT Open Market Scheme helps first-time buyers, disabled people or families with a disabled household member who find that their current home no longer meets their housing needs.
You pay for a majority stake in a property for sale on the open market - normally 60% to 90% - with the Scottish Government providing funding to pay for the rest. There is a fixed budget allocated to this scheme in each financial year which can help a limited number of eligible house buyers.
Apply for the Open Market Shared Equity Scheme
Just complete our online application formApply now
New Supply Shared Equity
The New Supply Shared Equity scheme can help you buy a new Link home that we have developed or purchased for shared equity sale.
You pay for a majority stake in one of our new build homes - normally 60% to 80% - and we receive a grant from the Scottish Government to pay for the rest.
We are currently building properties for New Supply Shared Equity sale at the following developments