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Chamber and committees

Question reference: S6W-03968

  • Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
  • Date lodged: 25 October 2021 Registered interest
  • Current status: Answered by Shona Robison on 5 November 2021

Question

To ask the Scottish Government (a) how many home purchases it has supported and (b) what total value of funding it has provided as part of the (i) Open Market Shared Equity, (ii) New Supply Shared Equity, (iii) Help to Buy and (iv) First Home Fund programme in each financial year since the programme's inception, also broken down by Scottish Government 6-fold Urban Rural Classification.


Answer

Published information on home purchases and spend across the First Home Fund, Help to Buy, Open Market Shared Equity and New Supply Shared Equity schemes can be found on the Scottish Government website at the following links:

Help to Buy (Scotland)

https://www.gov.scot/policies/homeowners/help-to-buy/

Open Market Shared Equity and New Supply Shared Equity

https://www.gov.scot/policies/more-homes/affordable-housing-supply/

First Home Fund

https://www.gov.scot/publications/first-home-fund-spend-and-units-monitoring-information-report-december-2019-to-march-2021/

The Evaluation of Scottish Government Shared Equity Schemes, which includes the Help to Buy (Scotland), Open Market Shared Equity and the New Supply Shared Equity schemes, was published in June 2020, and includes some information on the profile of buyers using the Scottish Government’s 6-fold urban/rural classification. The attached link provides further information

Shared equity schemes: evaluation reports - gov.scot (www.gov.scot)

The First Home Fund Evaluation includes information on uptake based on the 4-fold Rural & Environmental Science & Analytical Services classification

First Home Fund evaluation: quantitative analysis - gov.scot (www.gov.scot)

The detailed breakdown by 6-fold Urban Rural Classification is not readily available in the format requested. We will investigate whether it is feasible to provide a full breakdown, given issues such as lags in new postcodes relating to new housing being allocated to the 6-fold urban-rural classification. I will write to the member with the outcome of this work as soon as the exercise has been completed. A copy will be placed in the Parliament’s Reference Centre, Bib number 62811.