First time buyers

Shared equity and shared ownership schemes are designed to help first time buyers by offering an opportunity to buy a percentage of a property (usually between 25% and 80%) and a housing association or private developer will own the remainder. Buyers can increase their percentage of ownership over time.

Even though shared equity and shared ownership can help with the up front cost of the property, you will still need to get a mortgage and have money for a deposit and solicitor fees. Consider finding out from your bank or mortgage lender early on what kind of loan you could get.

Information about properties available for shared ownership or shared equity are available at:

• The City of Edinburgh council 21st Century Homes programme

• our online directory of new affordable homes in Edinburgh

• EH- Your Key to Choice website- the Shared Equity and Ownership section keeps up to date information about schemes available from some housing associations

• Link Group's Buyers Guides to to apply for shared equity and shared ownership properties

• ESPC website where a number of shared ownership and shared equity properties are advertised

• Check for promotions in local newspapers, on buses, radio and on billboards near housing developments.