First-time buyers in Glasgow and people on low incomes are welcome to apply for the scheme

First-time buyers are encouraged to consider a discount program to help them access the property ladder.

Also aimed at people on low to middle incomes, the Open Market Shared Equity Scheme allows people to buy a house without having to finance the full cost of it and is available in Scotland to those buying their first property and people part of a priority access group.

This includes first-time home buyers, as well as buyers aged 60 and over, people living in council or housing association housing, people with disabilities, members of the armed forces and those who have left the services over the past two years.

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Bereaved partners of those who have died in service in the last two years can also benefit from the scheme, reports the Daily Record, which allows people to buy a share of a house – usually between 60% and 90% cent – the Scottish government then buying the remaining share.

The Scottish Government will, however, receive a share of the money when a house purchased using the scheme is sold at a later date.

Open Market Shared Equity Program Priority Access Groups

The program is available across Scotland for these priority access groups:

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