Hebridean Housing Partnership are expanding their highly successful New Supply Shared Equity scheme to rural sites across the Outer Hebrides with support from the Scottish Government.

A short walk from Horgabost Beach with sea views stretching to the horizon,Pairc Niseaboist is an ideal location for the perfect island life. This new phase of the development follows the ‘RIHAF Development of the Year 2017’ design award.

Development

Pairc Niseaboist, Horgabost, Isle of Harris

Start Date

March 2019

Completion Due

November 2019

Properties

Properties available under New Supply Shared Equity Scheme

2 x 2 Bedroom (3 Person – Semi-Detached)

2 x 3 bedroom (5 Person - Semi-Detached)

The New Supply Shared Equity scheme is designed to help people who, without assistance from the scheme, would be unable to buy a new build house that suits their needs. It is available to first time buyers and priority will be given to:

  • social renters (people who rent from a council or a housing association)
  • disabled people
  • members of the armed forces
  • veterans who have left the armed forces within the past two years
  • widows, widowers and other partners of service personnel for up to two years after their partner lost their life while serving
  • people aged over 60

The NSSE scheme is also available to people who have previously owned a home and have experienced a significant change in circumstances – for example, a marital breakdown.

The minimum equity (share) of the cost you need to pay can be agreed on a case by case basis – normally between 60 and 80 percent. You can pay using just the proceeds from selling your existing home and your savings. There is no requirement for those over 60 to take out a mortgage.

Please read the following guide provided by Scottish Government for details on NSSE scheme.

https://www.mygov.scot/new-supply-shared-equity-scheme/

Scottish Government has also provided a flyer with further details:

https://www2.gov.scot/Resource/0044/00447669.pdf

If you are interested in the shared equity properties listed here, Please contact Hebridean Housing Partnership  for further information on 0300 123 0773 or email This email address is being protected from spambots. You need JavaScript enabled to view it.