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Publication - Guidance

New Supply Shared Equity administrative procedures

Published: 12 Aug 2016
Part of:
Housing
ISBN:
9781786523877

Guidance for registered social landlords and grant providers on New Supply Shared Equity (NSSE) administrative procedures.

165 page PDF

1.4MB

165 page PDF

1.4MB

Contents
New Supply Shared Equity administrative procedures
Section Seven: Owners wishing to sell their property

165 page PDF

1.4MB

Section Seven: Owners wishing to sell their property

7.1 If an owner wishes to move from their property and the Scottish Ministers do not have a golden share, the owner can sell the property all in accordance with the After Sales Shared Equity Procedures.

7.2 An owner will be responsible for meeting all costs (including those incurred by the Local Authority or Registered Social Landlord and Scottish Ministers) when selling their home. Local Authorities and Registered Social Landlords must provide information on costs to the owner as soon as possible.

7.3 The Scottish Government has prepared ASSEP Procedures for use by Local Authorities and Registered Social Landlords administering the Scottish Government's shared equity schemes. The document contains template documentation to be used for the various types of After Sales transactions. http://www.gov.scot/Topics/Built-Environment/Housing/BuyingSelling/lift/ASSEPdocument


Contact

Email: John Mcrorie, john.mcrorie@gov.scot