- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Tuesday, 16 July 2024
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Current Status:
Answered by Paul McLennan on 24 July 2024
To ask the Scottish Government whether it will provide any cost or budget estimates that it has produced for the reopening of its Open Market Shared Equity scheme.
Answer
Within a backdrop of wider real term funding cuts we provisionally allocated £27m Financial Transactions for FY 2024-25 to re-open OMSE on 20 June 2024.
Based on the previous financial years spend and units, we have estimated that this allocation could provide an estimated 466 units.
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Monday, 15 July 2024
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Current Status:
Answered by Paul McLennan on 24 July 2024
To ask the Scottish Government for how long its reopened Open Market Shared Equity scheme will remain open.
Answer
Due to wider funding constraints, we have operated the Open Market Shared Equity Scheme (OMSE) with a reduced budget in 2024-25.
Following extremely high demand in June 2024 and in order to ensure that we settle all properties within budget, we have paused new applications from 19 July 2024 and will review remaining budget allocations in the coming months.
The scheme is likely to reopen when current passports expire and/or are withdrawn making funding available for reallocation.
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Wednesday, 10 July 2024
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Current Status:
Answered by Paul McLennan on 24 July 2024
To ask the Scottish Government whether it will provide a summary of any evidence-based assessments it made of the possible outcomes of the reopening its Open Market Shared Equity scheme.
Answer
Our evaluation reports are available via this link: Shared equity schemes: evaluation reports - gov.scot (www.gov.scot) . The evaluation concluded that OMSE provides significant additionality, and is effective in enabling lower income households to overcome price and deposit constraints to become a homeowner.
The Scottish Government has continued to monitor the performance of OMSE which delivered over 900 affordable homes for priority groups and first time buyers in 2023-24. In 2022 we also made several evidence based adjustments to the scheme to further support priority groups into affordable home ownership.
Based on previous years’ financial spend we expect that the current budget could provide up to an additional 466 units.
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Tuesday, 25 June 2024
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Current Status:
Taken in the Chamber on 3 July 2024
To ask the Scottish Government TEST TEST
Answer
Taken in the Chamber on 3 July 2024
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Wednesday, 29 May 2024
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Current Status:
Answer expected on 12 June 2024
To ask the Scottish Government s
Answer
Answer expected on 12 June 2024
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Wednesday, 29 May 2024
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Current Status:
Answer expected on 12 June 2024
To ask the Scottish Government r
Answer
Answer expected on 12 June 2024
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
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Date lodged: Wednesday, 29 May 2024
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Current Status:
Answer expected on 12 June 2024
To ask the Scottish Government q
Answer
Answer expected on 12 June 2024
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
-
Date lodged: Wednesday, 29 May 2024
-
Current Status:
Answer expected on 12 June 2024
To ask the Scottish Government r
Answer
Answer expected on 12 June 2024
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
-
Date lodged: Wednesday, 29 May 2024
-
Current Status:
Answer expected on 12 June 2024
To ask the Scottish Government q
Answer
Answer expected on 12 June 2024
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
-
Date lodged: Wednesday, 29 May 2024
-
Current Status:
Answer expected on 12 June 2024
To ask the Scottish Government q
Answer
Answer expected on 12 June 2024