We use cookies to allow us and selected partners to improve your experience and our advertising. By continuing to browse you consent to our use of cookies as per our policy which also explains how to change your preferences.

Help to Buy Scotland

Help to Buy (Scotland) allows first-time buyers and home movers to buy new-build homes with deposits of just 5%. Find out how the scheme works here.

In this article
What is Help to Buy (Scotland)? What kind of home can I buy? Applying for Help to Buy (Scotland)
Repaying the loan Can I increase my share? Low-cost initiative for first-time buyers (LIFT) scheme

What is Help to Buy (Scotland)?

The Help to Buy (Scotland): Affordable New Build Scheme, to give it its full name, offers interest-free equity loans of up to 15% of the value of a new-build home.

You'll need to have saved a deposit of at least 5% and you can then add the equity loan to the amount you're putting into the property, meaning you only have to take out a mortgage for the remaining 80% of the property price. 

This will give you access to better deals than if you were taking out a bigger mortgage.

Originally launched in 2016 with the aim of running for three years, the scheme has now been extended for a further two years and will run until March 2021.

Interested in Help to Buy?

Which? Mortgage Advisers can advise on Help to Buy mortgages and find the best deal for you.

Calls are free from mobiles and landlines
Open today until 8pm
Your home may be repossessed if you do not keep up repayments on your mortgage

What kind of home can I buy?

You can only use this scheme to buy a new-build home.

The maximum value of the property you can buy is £200,000, and the purchase needs to be completed on or before 31 March 2021.

A home purchased using Help to Buy (Scotland) must be used as your main residence, so if you're looking for a buy-to-let investment this scheme isn't right for you.

Applying for Help to Buy (Scotland)

To buy a home using Help to Buy (Scotland), you'll need to follow these steps:

  • Get an accurate understanding of how much you can afford, ideally by talking to a mortgage adviser.
  • Contact a participating house builder and view a show home.
  • Speak to an independent financial adviser, who will put you in touch with one of the agents that administers the scheme.
  • Request a Help to Buy (Scotland) application form from the agent.
  • Reserve a property and obtain a reservation agreement.
  • Submit the application form to the agent and await a decision.

Find out more: new-build homes – expert advice on buying a brand-new property

Repaying the loan

There's no set deadline but, while you're paying it off, you will be limited in what you can do with your property.

There are strict rules about improving or extending homes bought using Help to Buy (Scotland), so if you wish to carry out any work you'll need to receive written permission.

The government is generally reluctant to allow changes that will increase the value of the property, so there's a good chance your request will be denied.

Can I increase my share?

You can increase your share of the home by buying up chunks of the government's stake. This process is often referred to as 'tranching up'.

You don't have to tranche up but if you do want to, you'll have to buy at least 5% back in a year. Bear in mind that you'll be buying the equity at market rate, so you'll need to have a valuation done before purchasing.

Low-cost initiative for first-time buyers (LIFT) scheme

If Help to Buy isn't right for you and you haven't owned a home before, you could consider buying a home using the Scottish government's Low Cost Initiative for First-Time Buyers (LIFT) scheme, which is split into two parts.

The Open Market Shared Equity scheme (OMSE) allows first-time buyers to purchase a stake of between 60% and 90% of a property for sale on the open market with a modest deposit. 

The New Supply Shared Equity scheme (NSSE) works in a similar way, although it's limited to new homes and buyers will usually purchase a stake of between 60% and 80%.

Priority is usually given to social renters, members of the armed forces and disabled people.

If you're interested in buying a home using NSSE, you can search for a project in your area on the Scottish government website.

Correct as of date of publication.

If you'd like to talk to an expert adviser about your mortgage options, complete your details and Which? Mortgage Advisers will give you a free call back.

Request a FREE call back
  • Completely impartial advisers who don't work on commission
  • We'll search the whole of the market including direct deals
  • Free initial consultation - a fee is only payable if you decide to apply for a mortgage
Submit request When you complete this form your details are sent securely to Which? Mortgage Advisers. We will only contact you for your free consultation. Your home may be repossessed if you do not keep up repayments on your mortgage.


Which? Mortgage Advisers listen carefully to what you need, then search thousands of mortgages to choose the No.1 for you, even if you can only go direct.

Calls are free from mobiles and landlines

0800 197 8461
Open today from 8am to 8pm
Arrange a call back
Your home may be repossessed if you do not keep up your mortgage repayments