Private Housing Sector (Support)

Part of the debate – in the Scottish Parliament at on 19 June 2013.

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Photo of Margaret Burgess Margaret Burgess Scottish National Party

The Scottish Government is supporting activity in the private housing sector through a range of actions, including our low-cost initiative for first-time buyers—LIFT—shared equity schemes, the National Housing Trust initiative, the housebuilding infrastructure loan fund and our guarantee support for the MI new home mortgage indemnity scheme. In addition, we have announced £120 million of funding over two years to support a significant Scottish new build shared equity scheme, which is part of an overall commitment to invest an additional £290 million in loans and equity support for housing.