Wednesday, September 5, 2012
What fresh hell is this?
A scheme to help people get on the housing ladder is being extended to all first-time buyers, following a cash boost from the Scottish government. Funding of the Open Market Shared Equity Scheme has been doubled to more than Â£20m. Until now, only priority groups such as people who rent from a council or housing association and war veterans have been eligible. The extra cash means applications will be accepted from all first-time buyers. The scheme lets people pay for between 60% and 90% of their home.