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Priority groups for the Open Market Shared Equity and New Supply Shared Equity schemes were established following discussions with a range of stakeholders. In 2017 people aged 60 and over were included further to a Programme for Government commitment to assist older people to move into accommodation more suited to their needs.

Applications to the schemes are demand led and assessed against the scheme criteria including income. Applicants can often fall into more than one category for example first time buyer and disabled person. Eligibility is not known until assessments have been carried out and this includes whether or not the person is applying as a priority access group.

The Programme is actively supporting 25 blocks through key stages of assessment. As this is a representative-led process the time to completion of each Single Building Assessment cannot be accurately predicted.

Marketing for the Open Market Shared Equity scheme is carried out by the administering agent as part of their contract to administer the scheme on behalf of the Scottish Government.

It is the responsibility of Registered Social Landlords (RSLs) who deliver the New Supply Shared Equity scheme to carry out marketing for each of their developments.

Each local authority has been given a set allocation of funding which will close when that allocation is fully spent. Local authorities can continue spending into the next financial year with any remaining allocation should they need to do so.

The Tenant Grant Fund is being paid to local authorities as General Revenue Grant, if a local authority is unable to spend their revenue funding in year, it is placed in their reserves and used the following financial year. As it is revenue funding they do not require Scottish Government approval.

Local authorities have indicated that they are confident that they will be able to spend their allocations in the coming months, therefore we do not anticipate any need to recover an underspend.

The Cladding Stakeholder Group was formed in June 2021 and meets monthly. The Group provides a forum for discussion, partnership working, continuous improvement and constructive challenge to support the Single Building Assessment and Cladding Remediation programme. Membership reflects the interests of homeowners as well as the finance, insurance, home building and professional advice sectors. Under its terms of reference, material generated by the Group should remain confidential.

To support our approach and ensure quality for the next phase, we will shortly begin an interim and independent evaluation of the pilot phase.

Annual New Supply Shared Equity (NSSE) sales are published as part of the attached Affordable Housing Supply Programme Out-turn Reports.

The number of NSSE sales with a golden share attached and retained are included in the following table by local authority.

The New Supply Shared Equity Scheme is only available for the purchase of new build homes being sold by a local authority or registered social Landlord . This is an affordable housing scheme and counts towards the target of delivering 110,000 affordable homes by 2032.

The Scottish Government does not conduct monitoring of the characteristics of households and tenancy arrangements in the build to rent sector.

Build to Rent is recognised as a mainstream housing delivery mechanism and can complement existing housing models.

Build to Rent can be characterised by:

Single institutional ownership and professional on-site management of the entire development;

• Individual units are self-contained and separately let;
• Resident access to shared, communal facilities and on-site amenities integrated as part of the development.

Building (Scotland) Amendment Regulations 2022 are currently being drafted. The intention is to lay these regulations in the Scottish Parliament shortly. The regulations are not retrospective and will apply to new buildings, alterations to existing buildings where new building work is proposed and to certain conversions as specified in the regulations.