Question reference: S6W-26169
- Asked by: Rachael Hamilton, MSP for Ettrick, Roxburgh and Berwickshire, Scottish Conservative and Unionist Party
- Date lodged: 8 April 2024
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Current status: Answered by Paul McLennan on 30 April 2024
Question
To ask the Scottish Government whether it has any plans to reshape the Self-Build Loan Fund to better tailor it to the areas and people utilising it most, and to extend it beyond its current completion date.
Answer
The Self Build Loan Fund (“the Fund”) is a demand led and flexible fund available across all of Scotland. Recognising that self-build is an important option particularly for those in rural areas to provide a home that meets their needs, the fund offers support to self-builders who are unable to access traditional finance. The Fund was established in September 2018 following the success of a pilot in the Highland area and strong interest from outside this area.
The Fund was extended in November 2022 for up to 5 years and we will continue to monitor its implementation.