Scottish Government issues Help to Buy guidance for builders
Advice and guidance for builders regarding the Help to Buy (Scotland) homebuying scheme has been published by the Scottish Government.
![Scottish Government issues Help to Buy guidance for builders](https://www.scottishconstructionnow.com/uploads/house-home-sale-PIXA.jpg)
The shared equity scheme, which was first launched in September 2013, aims to support Scotland’s house-building industry following the financial crisis as well as help people to buy a new build home in Scotland.
It is made up of two parts - the Affordable New Build and the Smaller Developers schemes. The schemes currently provides up to 15% equity towards the purchase of new build homes up to a value of £200,000.
The new guidance offers advice on:
- Maximum purchase prices and allocated budgets
- Registering for the scheme
- Guidance for home builders
- Participation Agreement
- Scheme criteria
- Help to Buy branding