Home ownership in Scotland
Sanctuary’s homes in Scotland are sold through the Scottish Government’s New Supply Shared Equity (NSSE) scheme. Buyer’s purchase 60 – 80% of the home’s value, with the Scottish Government retaining the remaining 20 – 40% stake in the form of an interest-free loan. Under the NSSE scheme buyers pay no rent and own their home outright.
The qualifying criteria for NSSE varies by development. The qualifying criteria is set by the Scottish Government or local authority.
For further information:
HO in Scotland
Our aim is to help people on low incomes to own their own home.