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Scotland information LIFT Scotland

You can buy your own home with the help of the Scottish Government’s LIFT scheme

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dailyrecord.co.uk
dailyrecord.co.ukdailyrecord.co.uk:

Property price: £194,000Deposit paid: £5,300 Scottish Government contribution: £77,600Monthly mortgage payments: £386Previous monthly rent payments: £895In this example, the Scottish Government contributed 40 per cent of the price and will get the same percentage back when the property is sold.

In most areas, buyers can increase their equity share to 100 per cent over time if they choose to do so. In addition to first-time buyers, LIFT is open to: Properties purchased through the scheme must be advertised for sale on the open market, e.g.

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