Question reference: S6W-10734
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
- Date lodged: 1 September 2022 Registered interest
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Current status: Answered by Shona Robison on 22 September 2022
Question
To ask the Scottish Government, regarding the Home Owners' Support Fund Mortgage to Shared Equity scheme, what the (a) total and (b) average equity stakes taken was, and how many stakes have been taken, in each year of operation.
Answer
I refer the member to the answer to question S6W-10239 on 7 September 2022 which shows there has been no spend under Mortgage to Shared Equity (MTSE) during the last six years. The most recent MTSE application was in 2015. The table below shows the total and average spend under MTSE and the number of MTSE cases that settled between 2010-11 and 2015-16.
Mortgage to Shared Equity | |||
Total Spend (£m) | Average Spend (£m) | No. of Cases | |
2010-11 | 0.166 | 0.033 | 6 |
2011-12 | 0.668 | 0.022 | 3 |
2012-13 | 0.354 | 0.039 | 9 |
2013-14 | 0.237 | 0.040 | 6 |
2014-15 | 0.259 | 0.032 | 8 |
2015-16 | 0.033 | 0.033 | 1 |
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