Housing equity plan expanded
A SCHEME to help people into the housing market has been expanded after a trial last year.
House-builders are asked to take equity stakes with the Scottish Government in unsold or partially-built new homes. Buyers pay 60-80 per cent of the purchase price, with the remainder split equally between the government and developer.
The 5 million scheme, known as "new supply shared equity with developers", has double the funds available during the trial.