Question reference: S6W-10733
- 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 Rent scheme, what the (a) total and (b) average purchase expenditure was, and how many purchases have been made under the scheme, in each year of operation.
Answer
Under the Mortgage to Rent scheme, the Scottish Government subsidise up to 60% of the property value. The total grant includes the purchase subsidy and the cost of repairs required to bring the property up to the Scottish Housing Quality Standard. Further details on how subsidies are calculated can be found in the linked guidance HOSFGN/005 . The following table shows the total and average subsidy paid by the Scottish Government to Registered Social Landlords (RSLs) for each year of operation of Mortgage to Rent.
Mortgage to Rent | |||
Financial Year | Total Subsidy Expenditure (£m) | Average Subsidy Expenditure (£m)
| No. of Homes Purchased |
2008-09 | 15.226 | 0.065 | 233 |
2009-10 | 19.600 | 0.060 | 303 |
2010-11 | 20.097 | 0.052 | 374 |
2011-12 | 14.500 | 0.041 | 325 |
2012-13 | 9.871 | 0.035 | 288 |
2013-14 | 8.274 | 0.031 | 228 |
2014-15 | 5.661 | 0.029 | 192 |
2015-16 | 3.079 | 0.038 | 80 |
2016-17 | 2.980 | 0.046 | 65 |
2017-18 | 1.127 | 0.029 | 39 |
2018-19 | 1.536 | 0.040 | 32 |
2019-20 | 1.191 | 0.058 | 28 |
2020-21 | 0.303 | 0.044 | 8 |
2021-22 | Figures will be published shortly | ||
Figures for 2021-22 will be published shortly.