Young people and families helped to buy their own homes

18 Jun 2019 11:51 AM

First-time buyers get on property ladder.

More than 30,000 households have been helped to buy their home through Scottish Government support schemes since 2007.

Figures published yesterday show that the majority of these purchasers were first-time buyers and young people, who often struggle to get into the property market. Just over a third were families with children.

This has been achieved through the Scottish Government’s two homeownership schemes – Help to Buy (Scotland) and the Low Cost Initiative for First-Time Buyers (LIFT).

The Scottish Government has invested over £1.2 billion in Help to Buy and LIFT, and has exceeded its commitment in 2017 to support up to 3,500 households into affordable home ownership, including approximately 2,500 first-time buyers.

Housing Minister Kevin Stewart yesterday said:

“We want to make sure everyone has a safe, warm, affordable place to call home, and creating a fairer housing market will help us achieve that.

“A home is so much more than just a place to live – it awards a sense of identity, belonging and pride.

“We know how difficult it can be for many people to save for a deposit and get onto the property ladder, especially without financial support from family and friends.

“I am pleased these figures show we are supporting young first time buyers onto the property ladder with more than 80% of households being first-time buyers and more than 70% aged 35 and under.

“These current programmes will be joined by a Scottish Government national pilot scheme to provide support for first-time buyers by contributing to the deposit they need when buying their first home."


The Help to Buy scheme offers an interest-free equity contribution of up to 15% against the value of a new build home.

The Low Cost Initiative for First-Time Buyers (LIFT) allows those new to the property market to buy a home without having to fund its entire cost, by providing an interest free equity contribution of up to 40% against its value.