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)
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.
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