Helping young people afford a home of their own

By , 25/08/17

We want everyone in Scotland to be able to afford a home of their own. We know that for far too many young people who want to rent or buy a home it’s an ambition that is often beyond their reach. We’re working to change that - here’s how.

 

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In the last Parliament the SNP Scottish Government supported the delivery of over 30,000 affordable homes, most of which have been council or housing association homes. Over this Scottish Parliament term we’ll deliver 50,000 more.

 

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The SNP Scottish Government are investing £195 million in their Help to Buy scheme between 2016-17 and 2018-19. We’ve already helped around 20,000 families buy their own home through home ownership schemes – three quarters of them under the age of 35.

 

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We have passed a new law that will allow councils to create of rent pressure zones in areas with high rents. This new legislation also ensures that rents can only go up once a year and with three months’ notice.

 

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We’ve fully mitigated the Bedroom Tax, helping people stay in their own home. And we’ve provided additional funding through the Scottish Welfare Fund to support 18 to 21 year olds following the Tory decision to remove their Housing Benefit.

 

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To prevent landlords ripping-off their tenants, we’ve introduced a tenancy deposit scheme and ensured that private sector letting agent fees, over and above rent and a deposit, are unlawful.

 

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