Glasgow City Council operates the New Supply Shared Equity (formerly Homestake) scheme within the Glasgow area, on behalf of the Scottish Government. The New Supply Shared Equity Scheme aims to help people on low incomes who wish to own their home but who cannot afford to pay the full price for a house. It is part of a range of assistance from the Scottish Government under its Low-cost Initiative for First Time Buyers, LIFT.
This scheme is provided through Registered Social Landlords (Housing Associations).
Glasgow City Council is currently working with Housing Associations across the city to fund new homes that will be sold through the scheme.