Our Aberdeen and Elgin offices will be closed on Monday 7 May 2018 for the Public Holiday.  Please call 0300 123 9279 to report an EMERGENCY REPAIR (e.g. significant leak or total loss of power).  Gas heating repairs should be reported direct to Heatcare Oil & Gas (T: 01343 842042).  All non-emergency repairs should be reported when the office re-opens at 9am on Tuesday 8 May 2018.

£100 million investment in scheme to assist home buyers.

The Scottish Government has announced that the Help to Buy (Scotland) scheme will be extended beyond 2019, helping more people purchase a new-build home without the need for a large deposit.

From April 2019, a further £100 million will be invested over two years, helping up to 4,000 households to purchase a new home.

Since 2013, the scheme has supported more than 12,000 households into a new home.

Housing Minister Kevin Stewart made the announcement during a visit to Calderwood Village, Coatbridge.

Mr Stewart said:

“Since we introduced Help to Buy, the scheme has not only helped thousands of  buyers into new homes - it has supported around 9,000 jobs. 

“A third of the annual £50 million budget – £18 million – will be reserved for sales from SME builders, who were particularly affected by the drop in development finance after the financial crisis.

“We know house builders still see Scotland as a place to continue to develop and invest, with the latest figures showing new house completions grew by 5% over the last year. 

“Housing is about more than bricks and mortar – we want to provide safe, warm homes, help create a fairer Scotland, and preserve a diverse and more resilient construction sector.”

Nicola Barclay, Chief Executive of Homes for Scotland, which represents companies building the majority of the country’s homes, said:

“With most Scots wanting to own their own home and the scheme proven to increase build rates, this is a very welcome announcement. It clearly demonstrates that the Scottish Government supports the aspiration of home ownership and recognises the real challenge that continues to face prospective buyers in terms of the size of deposit they require to achieve this goal.

“This additional funding will provide our member companies with the certainty that they need to invest in and open up new sites and expand the number of homes available to new purchasers. Crucially, just as the scheme’s extension will ensure even more people can buy a home, it will also ease pressure in other parts of the housing market as people move into home ownership from socially rented homes and come off council house waiting lists.”

Background

Help to Buy (Scotland) is open to first time buyers and existing homeowners, and provides up to 15% of the purchase price of a new build home.  The maximum purchase price is £200,000.

More Homes Scotland is the overarching approach to bring together all activity to increase supply.

Around two thirds (66%) of Help to Buy (Scotland) households were first time buyers, whilst around a third (34%) were existing home owners.

Around half (50%) of buyers were aged 30 years or under, with over three-quarters (76%) of buyers aged 35 or under.

Help to Buy (Scotland) was launched on 30 September 2013.  £313 million was invested during the first three years (2013/14 – 2015/16) of the scheme.  A further £195 million was committed from 2016/17 - 2018/19.

IMG 1041 CroppedThe vice chairman of Grampian Housing Association has become the organisation’s first voluntary Board member to achieve a new qualification in housing. 

Peter Kennedy, who is also one of the Association’s sharing owners, was awarded the Level 4 Certificate in Housing.  He completed the online course through the CIH (Chartered Institute of Housing) Academy. 

Malcolm McNeil, director of corporate services said: “Peter has successfully combined his studies with board membership, full-time work and other voluntary commitments and we congratulate him on this achievement. 

“He is now well equipped with the skills and knowledge necessary to face the current challenges in housing.”

Commenting on his award Peter Kennedy said: “I have a keen interest in housing so it was a natural progression to pursue this opportunity.  

“It has furthered my understanding of key issues in housing strategy, policy, finance and law which will be of benefit in our Board discussions about delivering customer focussed housing services from a strategic point of view.”

Introduced at the beginning of 2016, only 70 people UK wide have completed the revised qualification to date.  Peter Kennedy is now preparing to continue his studies to the Diploma in Housing leading to chartered membership.  

Grampian Housing Association is governed by a voluntary Board of Management made up of tenants, residents and people from the community who are committed to providing affordable homes for people in housing need.  Many Board members have professional backgrounds in areas including finance, business, law, construction, property maintenance and customer service.

With more than 3,500 homes under management and a turnover of £16million, Grampian Housing Association is a leading provider of housing and related services across the three local authority areas in the North-east of Scotland. 

 

 

Grampian Housing Association Regulation Plan 2018/19

Following consultation with both tenants and current housing applicants in January, the proposed changes to the Mutual Exchange Policy were adopted, as of 26th January 2018.

To see the full policy, click here

 

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