About the Home Owners Support Fund

If you're at risk of having your home repossessed, the Home Owners Support Fund may be able to help.

What the fund is

It’s a fund run by the Scottish Government. It’s to help you keep your home if you’re struggling to pay your mortgage or ‘secured loan’.

Secured loans

A secured loan is money you borrow that's secured against an asset you own.

The lender can take your asset and sell it, if you cannot repay your loan. For example, they can sell your home.

The fund schemes

The fund is made up of 2 schemes:

• Mortgage to Rent
• Mortgage to Shared Equity

When you apply, the fund team will decide which scheme is best for you.

Mortgage to Rent

Mortgage to Rent allows the local council or a housing association to buy your home. You will no longer own it, and you’ll continue living there as a tenant.

You can check what rights you will have in a council or housing association home.

Mortgage to Shared Equity

Mortgage to Shared Equity allows the Scottish Government to buy up to 30% of your property. This is temporary and you must pay back the amount within 10 years.

You’ll still own your home and be responsible for maintaining and insuring it.

If you’re at risk of losing your home

There are other steps you can take if you cannot afford your mortgage payments.