Perth & Kinross Council has a shared equity home ownership scheme to help people get on the housing ladder, or to buy a house that better suits you and your family's needs.
New Supply Shared Equity Scheme
The New Supply Shared Equity Scheme (NSSE) aims to help people on low to moderate incomes buy a new build home which is affordable.
Shared equity means that applicants fund the majority share of the purchase of their property and own the property outright, with the Scottish Government holding the remaining share of the property under a shared equity agreement.
For example if you pay for 70% of your home, the Scottish Government will pay for and hold 30% of the share. You also have the opportunity to increase your share up to 100% in the future.
Do you qualify?
The scheme is available to first-time buyers. However, priority is given to:
- Social renters (people who rent from the council or a housing association)
- Disabled people
- Members of the armed forces
- Veterans who have left the armed forces within the past two years
- Widows, widowers and other partners of service personnel for up to two years after their partner lost their life while serving
- People who have previously owned a home and have experienced a significant change in circumstances for example, a marital breakdown
If you would like more information on how the Shared Equity scheme works please email Affordablehousing@pkc.gov.uk
Current NSSE housing developments
None currently available.
The Open Market Shared Equity Scheme
If you cannot afford the full price of a home for sale in the open market, you might be able to get help through the Open Market Share Equity (OMSE) scheme.
The OMSE scheme is available across Scotland. It's open to first-time buyers and these priority access groups:
- People aged 60 and over
- Social renters (people who rent from the council or a housing association)
- Disabled people
- Members of the armed forces
- Veterans who have left the armed forces within the past two years
- Widows, widowers and other partners of service personnel for up to two years after their partner has lost their life while serving
More information about how the OMSE scheme works and how you can apply is available on the Scottish Government website.
Local Housing Association Shared Equity Schemes
The Council's Housing Association partners offer shared equity home ownership schemes:
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