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Publication - Guidance

Open Market Shared Equity (OMSE) administrative procedures: 2014

Published: 18 Jul 2014
ISBN:
9781784126490

Provides detailed operational guidance for agents who administer the Open Market Shared Equity Scheme on behalf of the Scottish Government. Now superseded.

163 page PDF

1.3MB

163 page PDF

1.3MB

Contents
Open Market Shared Equity (OMSE) administrative procedures: 2014
Section Six

163 page PDF

1.3MB

Section Six

Owners wishing to sell their property

6.1 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.

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

6.3 The Scottish Government has prepared ASSEP Procedures for use by Registered Social Landlords administering the Scottish Government's LIFT Scheme. The document contains sample emails and correspondence to be used when a property is sold. A copy of the ASSEP Procedures can be found on the Scottish Government website at www.scotland.gov.uk/LIFT.


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