A vital home ownership scheme designed to support priority groups in Scotland has officially reopened for applications.
The Open Market Shared Equity Scheme is once again offering a lifeline to those struggling to get on the property ladder.
The scheme allows eligible applicants to buy between 60% and 90% of a home’s value without needing to fund the full purchase price.
The Scottish Government retains ownership of the remaining share, easing the financial burden for buyers.
It is open to social renters, disabled people, individuals aged 60 and over, as well as current and former members of the armed forces.
This support is aimed at those who cannot afford to purchase a suitable property outright on the open market.
The move comes as the cost of living continues to bite, with rising interest rates, energy prices, and inflation pushing home ownership further out of reach for many.
Social Justice Secretary Shirley-Anne Somerville said the scheme plays a crucial role in tackling some of the biggest social challenges facing Scotland.
She highlighted the potential of the scheme to reduce homelessness and help in the wider mission to end child poverty.
Ms Somerville stressed that giving people a fair chance to buy a home helps build stronger, more stable communities.
She urged those who think they may be eligible to explore the scheme and consider making an application.
The initiative is part of a broader commitment by the Scottish Government to make home ownership more accessible and affordable.
With pressure mounting on housing availability and affordability, the scheme arrives at a critical time for many households.
It provides not just housing support, but a stepping stone to greater security and independence for those who need it most.
By reducing the upfront costs of home ownership, the scheme opens the door to a future that might otherwise feel impossible.
In a market where prices often outpace incomes, especially for older people and those with disabilities, this scheme offers practical, targeted support.
Veterans and serving military personnel also benefit from this added help, recognising the sacrifices they have made.
Supporters of the scheme say it creates a more equal playing field for those typically left behind in the housing market.
Applications are open now and those interested are encouraged to act quickly to avoid missing out.
Full details on eligibility and how to apply can be found on the Scottish Government website.
