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Raeside Chisholm Solicitors

The directors of Raeside Chisholm are experienced solicitors who enjoy a deserved reputation in Glasgow and beyond for personal attention allied to a commitment to outstanding levels of quality legal services. For enquiries, please contact us on 0141 248 3456.

Help to Buy Scheme extended in Scotland

The Scottish Government has extended the Help to Buy Scheme by a year until March 2022 to help the property industry recover from Covid-19.

It is hoped that more than 2,000 extra households would benefit from the scheme under which the state provides up to 15% of the cost of buying a new-build home with a purchase price of up to £200,000. The Government recovers its share when the property is sold, or when the share is bought out.

The Housing Minister said: “A strong and growing house-building industry is vital to Scotland's future economic prosperity – and particularly as we plan our strategic economic recovery from Covid-19.”

This announcement is a confidence booster for the housing market that will help ensure even more younger Scots can benefit from this already successful initiative and realise their aspirations of owning their own home, especially as we emerge from the current pandemic.

Kay and Claire of our property department are experienced in purchasing properties under the Scheme, and indeed the more recent First Home Fund, and therefore if you would like any advice please do not hesitate to contact us.

New Guidance released on Moving Home in Scotland
Likely increase in homes with open space

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Latest News

24 May 2021
Estate Agency
The news from the Registers and all property professionals is that house prices in Scotland are rising at the fastest pace for 14 years! Although Spring is usually a busy period in the housing market, the number of transactions in Scotland is sharply...
16 April 2021
Estate Agency
Recent research has shown that economic uncertainty caused by the Corona Virus has led to more people investing in property. Data shows that property investors bought twice as many homes in the first quarter of 2021 as they did during the same stage ...
23 March 2021
Estate Agency
Previously many Estate Agents had indicated that in their view house price growth would remain flat this year, as the economy floundered after the successive Covid lockdowns and the end of furlough. With great news for house sellers, they are now rec...
18 March 2021
Estate Agency
After closing to new applications in October 2020, the First Home Fund is reopening and will be available for purchases from 1 April 2021 and completed before 31 March 2022. This article will look closely at how the scheme works, the eligibility requ...
12 March 2021
Estate Agency
The most affordable towns and cities in Britain to buy a property have been revealed, with Scotland dominating the rankings.  Zoopla have published their findings, which they have based on calculations on house price to earnings ratios, using tw...
05 March 2021
Estate Agency
The Finance Secretary, Kate Forbes, has indicated that a tax cut for Scottish homebuyers will end as planned on April 1st, despite an extension in the Westminster budget. The starting point for Land and Building Transaction Tax (LBTT) was increased d...

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