FIRST HOMES FUND A "GAME CHANGER" FOR LOCAL FIRST TIME BUYERS SAYS LOCAL MSP
 
The first round of applications for the SNPs first time buyers' scheme, which will support them with up to £10,000 towards a deposit, will open by the end of June.
 
The new First Homes Fund will be open to all prospective owners looking to make their first step on to the property ladder, with a value limit of £300,000 on the property purchased.
 
It is expected the first phase of the fund will support 2,000 households over the first 100 days of the new SNP Government and 50,000 by the end of this Parliamentary term. 
 
Commenting, local MSP Colin Beattie said:
 
“Too many people across  Midlothian North, especially younger people, are struggling to buy their first home. People are saving where they can, but struggling to save enough for a deposit.
 
“That’s exactly why we are getting on with delivering this landmark policy that will support people get on the property ladder with up to £10,000 towards a deposit.
 
"During the election we said we would support first time buyers, and now we are delivering – that’s what you get from John Swinney’s trusted and reliable leadership that is firmly on Scotland’s side.
 
"I would encourage everyone eligible for this support to apply when applications open in June."
 
ENDS