First Home Fund

A Scottish think tank has accused the Scottish Government of pursuing housing policies it knows to be ineffective, warning that John Swinney’s proposed Help to Buy scheme for first‑time buyers will inflate prices, waste public money, and deepen the housing crisis rather than alleviate it.

The First Home Fund, a shared equity pilot scheme launched by the Scottish Government to provide first-time buyers with funding, has closed for applications after just five working days. The fund opened on 1 April this year with a budget of £60 million. It provides first-time buyers with up to

The First Home Fund shared equity pilot scheme is launched again today to provide first-time buyers with up to £25,000 to help them buy a property that meets their needs and is located in the area where they want to live.

Proposed changes to Scottish planning regulations are at odds with the welcome extension of the First Home Fund, according to Homes for Scotland (HFS). The scheme was introduced as a pilot to help buyers purchase their first home from either the new or secondhand market, providing up

The Scottish Government has recognised the early success of its First Home Fund with a pledge to reopen the scheme for applications in the new year. The fund, which offers first-time buyers loans of up to £25,000 for their deposit, was launched in December 2019 with an initial budget of &

The threshold at which Land and Buildings Transaction Tax (LBTT) is paid will be raised from £145,000 to £250,000 as the Scottish Government steps up efforts to support homebuyers and help the economy recover from the impact of coronavirus.

Following on from the launch of the new First Home Fund, Harper Macleod held a special briefing for solicitors who regularly act for shared-equity scheme purchasers. The First Home Fund is a £150 million national pilot scheme to provide first-time buyers with up to £25,000 towards the pu

The Scottish Government has appointed Harper Macleod to help administer all of its shared equity home-buying schemes – including the newly announced First Home Fund. The firm has provided property law services to Scottish Government on a range of shared equity schemes since 2007, during which

A new national pilot scheme which aims to help thousands of first-time buyers with the deposit for a new home has opened for applications.