Affordable housing For Sale – Shared Equity in Arbroath

Caledonia Housing Association has 14 properties for sale on the Shared Equity scheme at Monarch’s Rise in Arbroath. There are 4 two-bedroom properties, 8 three-bedroom, and 2 four-bedroom properties at the Stewart Milne Homes Development in Arbroath.

Caledonia houses

If you want to own your own home, but are on a low income, this is an opportunity that might interest you. The New Supply Shared Equity (NSSE) scheme gives the opportunity to buy a new-build home without having to fund the entire cost, receiving help from Scottish Government grants.

You can get further information about the properties with details of the Scottish Government’s Shared Equity scheme, or if you want to check if you can apply, visit Caledonia Housing Association’s website.

Caledonia logo

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First Home Fund for first time buyers is open for applications

HouseThe First Home Fund is a newly-created, £150 million shared equity pilot scheme that will provide first-time buyers with up to £25,000 to help them buy a property that meets their needs and is located in the area where they want to live.

It is open to all first-time buyers in Scotland and can be used to help buy both new build and existing properties.

The funding provided by the scheme will help up to 6,000 first-time buyers purchase their first home. This is in addition to the more than 32,000 households that have already used the existing Scottish Government shared equity schemes since 2007.

The scheme is operated by Link Housing and more guidance is available on the Scottish Government website.

Discounted value affordable house for sale in Arbroath

If you want to own your own home, but are on a low income, here’s an opportunity that may interest you.

Discounted value affordable housing is available for sale on the Little Cairnie development in Arbroath

2 bed house

For discounted sale:   2 bedroomed house

Estimated completion date:   March 2019

The full details of the property are on Thorntons website

Applicants for discounted sale units must:

  • have household income lower than £28,739 (single person) or £43,928 (couple)
  • be normally resident, or employed, in Angus
  • have a demonstrable housing need

Our Housing Developments Website gives more details about this project.

Want to Build Your Own Home? Government Loans Are Available from the Self Build Loan Fund

self-build loan fund

The Scottish government have recently launched a Self-Build Loan Funding scheme for people wishing to self-build their own home.

The scheme targets people that have been unable to source a mainstream self-build mortgage to undertake their project, but who will be able to obtain a mainstream mortgage upon completion.

The Scotland wide scheme is operated by ‘The Highlands Small Communities Housing Trust’ on behalf of the government and is taking applications now.

Qualifying criteria apply but for more information on accessing loan funding for your self build project please see the website.

Shared Equity schemes for older people


The Scottish Government has now made the over 60s a priority group for those wanting to access shared equity housing.

Shared equity is where an individual purchases a property at a discounted rate (up to 40%), with help from the government.

The government only claims its contribution back when the house is sold or when the individual purchases a larger stake in the property.

There are different schemes available, such as the open market shared equity scheme, new supply shared equity scheme, and help to buy (Scotland), and these all operate differently.

If you are over 60 and are looking to purchase a property more suited to your long term needs, or to be closer to family, but are struggling to find one that’s affordable, then one of these schemes may be for you.

For more information:


Want to Buy a Home but Can’t Afford the Full Price?

Open Shared Market Equity Scheme

The Open Market Shared Equity Scheme (OMSE) helps people who want to buy a home on the open market but are unable to meet the full price.

The scheme is available again from December last year and here is a short, informative animated film which explains the scheme and the eligibility criteria for potential applicants.

Help for Home Buyers


Help for home buyers

LIFT Open Market Shared Equity Scheme helps people on low to moderate incomes who want to buy a home on the open market but cannot afford to meet the full price of a home. This is a key step for people aiming to buy their first home.

If you are interested in the scheme see the LIFT leaflet and the Link Housing website.