If you want to buy a new build home but can’t afford the total cost, you might be able to get help through the Help to Buy (Scotland) Affordable New Build scheme**.
The scheme is open to first time buyers and existing homeowners, and helps you with up to 15% of the purchase price of a new build home.
Further details can be found by clicking here (Scottish Government’s help to buy leaflet)
** Applications for the Help to Buy (Scotland): Affordable New Build scheme closed on 5th February 2021. Existing applications will still be processed.
You will still be able to to apply for the Help to Buy (Scotland): Smaller Developer scheme.
The scheme is designed to help fulfil the property ambitions of customers who cannot raise large deposits. Buy-to-let investors are excluded – and you cannot part-exchange your current property. But, if you are eligible, the Scottish Government will help customers to purchase the property by taking an equity stake of no more than 15% of the value of a new build property worth anything up to a maximum purchase price of £200,000.
Talking to us is easy.