New
Supply Shared Equity Scheme
(Shared Equity) is a scheme to help people on modest
incomes who wish to own their home but who cannot afford to pay
the full
price
for
a house.
Shared Equity means the Association will keep
a financial stake in the property (this is known as a ‘golden
share’ and will
be not less than 20%) so the occupier does not have to fund the
cost of all of the property. The occupier will need to purchase
the majority share in the property but will own the property
outright.
After 2 years, if the occupier has a stake of less than 80%, the
occupier can increase this stake to the maximum 80%.
For further information on Shared Equity housing
please click
here.
Please read our Marketing Strategies to check that you are eligible
before
you register. Click
here for Home Farm, Portree or click
here for Campbell's
Farm, Broadford.
We have a Shared
Equity Register which lists anyone interested in the scheme.
Should
you wish to add your name and address to the Register please click
here.
We are currently marketing 12 homes for Shared Equity at our Home Farm
(Phase
Two), Portree development. The housing mix consists
of the following
semi-detached
properties:-
Four 3-bedroom,
5 person; Two 3-bedroom, 4 person; and Six 2-bedroom, 4 person. Click
here to see prices, drawings and
specifications.
We are currently marketing
12 homes for Shared Equity at our Campbell's Farm, Broadford development. The
housing mix consists of the following semi-detached properties:- Two
3-bedroom, 5 person; Six 2-bedroom, 4 person;
and Four 2-bedroom, 3 person. Click
here to see drawings and
specifications.
For additional information on the current Shared Equity
projects that we are undertaking, click
here.