The elderly are set to be allowed to access shared equity schemes in a bid to increase access to affordable housing.

It was announced this week by the Scottish Government that older people will have access to a range of its home ownership schemes.

Open Market Shared Equity Scheme and Help to Buy Scotland are amongst the schemes open, and retirement or supported homes could also be included under shared equity schemes.

 Housing minister Kevin Stewart said the plans were aimed at providing more affordable options to the elderly.

He said: “People are living longer, which is to be celebrated, and I want to ensure they can access high-quality and affordable housing that meets their needs and enables them to continue living independently.

“As we age, our housing needs can change – we are responding to that with new and innovative solutions.

“These schemes will give older people the opportunity for home ownership that works for them and ensure they are part of our bold ambitions for affordable housing.”


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