TC Young

Low cost home ownership

TC Young’s property team have extensive experience working with housing associations throughout Scotland. Heavily involved for over 40 years in all of the low cost home ownership schemes, our fully trained team (who deal with hundreds of these transactions throughout the year are able to provide legal advice for:

· Homestake Scheme (including sales, additional tranches, buy-backs, transfers)

· LIFT

· Mortgage to Rent transactions

· Right to Buy

· Shared Ownership

· “Try before you buy” shared equity scheme

We can provide practical guidance, and pro-active advice on all aspects of these sales and schemes by:

· assisting with day to day queries

· providing training for housing association staff.

· keeping you updated on legislative changes – click here for guidance on the changes to shared ownership schemes and here for shared equity

· dealing with the lenders (eg regarding repayment of borrowings re sales and the issues of discharge deeds and deeds of restriction in relation to lenders’ securities.)

We work in a responsive and well structured way to comply with statutory requirements, making maximum use of a case management system. We have unrivalled experience in this area and offer a streamlined service at a fixed price for RTB, Shared Ownership and Shared Equity transactions.

The firm were heavily involved in the launch of Homestake in Scotland, which involved regular liaison with the solicitors acting for the Scottish Ministers during the initial stages.

Our team has a wealth of experience in these matters and are able to give you straight answers to difficult questions.

Key Contacts

Douglas Collingham

Job Title: Partner

E: dxc@tcyoung.co.uk

T: 0141 225 2561
Alison Brynes

Job Title: Partner

E: ahb@tcyoung.co.uk

T: 0141 225 2572
Christine Stuart

Job Title: Partner

E: cas@tcyoung.co.uk

T: 0131 220 7663

TC Young

Services:

Low cost home ownership

Key Contacts

Briefing Notes