Date lodged: 29 November 2017
To ask the Scottish Government what consideration it has given to the rent to buy model; what its position is on this measure; whether any assessment has been made of the likely take-up of this, and, if so, what the result of the assessment was.
Answered by: Kevin Stewart 12 December 2017
Through the More Homes Scotland approach, Scottish Government is encouraging and supporting a range of interventions to increase the supply of homes within the affordable and private housing sectors and this includes rent to buy models. We currently have a rent to buy pilot scheme with the Highland Small Communities Housing Trust.
The National Housing Trust initiative can also potentially offer tenants the option to purchase their homes. This initiative offers tenants a private residential tenancy (or short assured tenancy) product. The option to buy the home is explored with tenants during their tenancy.
We are continually considering new innovative delivery options to increase the supply of new homes and Rent to Buy models have been discussed with stakeholders and partners as part of on-going engagement.