The Evaluation of Low Cost Initiative for First Time Buyers (LIFT)

APPENDIX 3 - LIFT CHARACTERISTICS

Introduction

This appendix considers the characteristics of the LIFT schemes: the overall scale of the programmes; the geographical spread of the homes provided through LIFT; and gives details of the properties provided (by type and size). The analysis looks at the total units delivered by the four LIFT schemes over the period 2005/06 to 2009/10 and where possible provides a breakdown by local authority area. There is some discrepancy between the figures for total units delivered provided by the Scottish Government and the detailed information provided from the TRS (which, for example, provides the breakdown by local authority area).

Size of Each Scheme

Table A3.1 shows the Scottish Government figures for total units supplied under the LIFT schemes for the period 2005-06 to 2009-10.

Table A3.1: LIFT supply by scheme 2005/06 to 2009/10

	2005/06	2006/07	2007/08	2008/09	2009/10	Total	%
Shared Ownership ( SO)	172	182	75	151	214	794	10.9
New Supply Shared Equity ( NSSE)	195	315	527	651	721	2,409	33.1
Open Market Shared Equity Pilot ( OMSEP)	0	573	654	512	1,459	3,198	44.0
Grants for Owner Occupation ( GRO)	318	310	102	125	12	867	11.9
Total	685	1,380	1,358	1,439	2,406	7,268	100

Source: Scottish Government

Over the five year period the four LIFT schemes have delivered 7,268 homes. Shared equity was the largest tenure (accounting for 77.1%) and OMSEP delivered the most homes (3,198 - 44%). GRO accounted for just less than 12 per cent of properties (867) and shared ownership delivered just less than 11 per cent (794).

There was a significant increase in the supply of LCHO units in 2009/10. This increase was mainly due to greater uptake of OMSEP although there was also an increase in supply of NSSE and shared ownership in comparison with the previous four years. Use of GRO decreased in the past five financial years and was particularly low in 2009/10 at the time of the 'credit crunch'.

Over the five year period shared equity has become increasingly prevalent. The development of NSSE units has grown consistently on an annual basis.

Geographical Location

Table A3.2 gives a breakdown of LIFT completions by local authority area for the period 2005/6 to 2009/10. The data comes from the TRS. Discrepancies in the recorded data mean that totals do not match the LIFT supply totals given above. However, the data provides a good picture of the implementation of the LIFT schemes across Scotland. The data confirms that shared equity has become the most prominent LCHO mechanism under LIFT and that OMSEP has delivered the greatest number of units across Scotland.

Table A3.2: LIFT supply by local authority area 2005/6 to 2009/10

	Shared Ownership		NSSE		OMSEP		GRO
	Units	%	Units	%	Units	%	Units	%
Aberdeen City	4	0.4	23	0.9	89	2.8	0	0.0
Aberdeenshire	36	3.3	152	5.9	20	0.6	79	9.1
Angus	0	0.0	41	1.6	10	0.3	16	1.8
Argyll and Bute	10	0.9	65	2.5	7	0.2	8	0.9
Clackmannanshire	0	0.0	26	1.0	6	0.2	0	0.0
Dumfries & Galloway	0	0.0	54	2.1	49	1.5	0	0.0
Dundee City	6	0.5	14	0.5	23	0.7	0	0.0
East Ayrshire	0	0.0	66	2.6	13	0.4	0	0.0
East Dunbartonshire	0	0.0	0	0.0	27	0.8	0	0.0
East Lothian	8	0.7	28	1.1	270	8.5	0	0.0
East Renfrewshire	0	0.0	30	1.2	17	0.5	0	0.0
Edinburgh City	143	13.0	378	14.7	1377	43.2	0	0.0
Eilean Siar	0	0.0	0	0.0	1	0.0	18	2.1
Falkirk	34	3.1	16	0.6	21	0.7	0	0.0
Fife	93	8.4	83	3.2	65	2.0	47	5.4
Glasgow City	356	32.2	351	13.7	176	5.5	275	31.7
Highland	64	5.8	511	19.9	127	4.0	104	12.0
Inverclyde	53	4.8	57	2.2	21	0.7	0	0.0
Midlothian	0	0.0	75	2.9	188	5.9	0	0.0
Moray	0	0.0	10	0.4	6	0.2	35	4.0
North Ayrshire	0	0.0	61	2.4	13	0.4	0	0.0
North Lanarkshire	39	3.5	66	2.6	45	1.4	112	12.9
Orkney Islands	63	5.7	2	0.1	6	0.2	10	1.2
Perth and Kinross	156	14.1	120	4.7	24	0.8	8	0.9
Renfrewshire	0	0.0	17	0.7	18	0.6	0	0.0
Scottish Borders	0	0.0	29	1.1	11	0.3	0	0.0
Shetland Islands	18	1.6	6	0.2	0	0.0	0	0.0
South Ayrshire	0	0.0	25	1.0	28	0.9	0	0.0
South Lanarkshire	0	0.0	145	5.6	44	1.4	70	8.1
Stirling	0	0.0	14	0.5	33	1.0	0	0.0
West Dunbartonshire	21	1.9	46	1.8	24	0.8	85	9.8
West Lothian	0	0.0	59	2.3	426	13.4	0	0.0
Scotland	1,104	100.0	2,570	100.0	3,185	100.0	867	100.0

Source: TRS

Shared ownership supply

Although the TRS data shows that more than 1,000 shared ownership units have been provided in the period, there may be some double counting on the system and the Scottish Government believe that 794 units have been provided. In recognising this concern the data can only be used as a guide. It shows that shared ownership has been prominent in Glasgow over the five years with approximately a third of shared ownership completions being delivered in the city. There was also significant use of shared ownership in Perth and Kinross and in Edinburgh. Shared ownership was also used in relatively high numbers in Fife, Highland, Inverclyde and Orkney. There was only limited use of shared ownership in Aberdeen and Dundee.

NSSE supply

The TRS count for NSSE (2,570) is also higher than the Scottish Government's agreed total for the scheme (2,409) suggesting some double counting on the system. However, it shows that there has been significant use of NSSE in Highland (511 - 20%), Edinburgh (378 - 15%) and Glasgow (351 - 14%). There was also strong use of NSSE in Aberdeenshire (152 - 6%), South Lanarkshire (145 - 6%) and Perth and Kinross (120 - 5%). Over the period, NSSE was not used widely in Aberdeen or Dundee.

OMSEP supply

The TRS total figures for OMSEP (3,185) falls slightly short of the official Scottish Government figure (3,198) meaning that some units have been omitted but the breakdown by local authority areas gives a good indication of where OMSEP properties have been purchased. Not surprisingly given the development of the pilot, the most significant numbers are in Edinburgh (1377 - 43%), West Lothian (426 - 13%), East Lothian (270 - 9%) and Midlothian (188 - 6%). However, since roll-out of the pilot there has been significant use of OMSEP in Glasgow (176 - 6%), Highland (127 - 4%) and Aberdeen (89 - 3%). OMSEP has also been popular in Dumfries and Galloway, Fife, and North and South Lanarkshire.

GRO supply

Over the period, the Scottish Government funded 39 GRO schemes providing a total of 867 properties. Use of GRO has been most common in West Central Scotland and in some predominantly rural local authority areas. Nearly a third of GRO subsidised units were developed in Glasgow (275 - 32%). There was comparatively high usage of GRO in North Lanarkshire (112 - 13%), South Lanarkshire (70 - 8%) and West Dunbartonshire (85 - 10%). There was also significant use of GRO in Highland (104 - 12%) and Aberdeenshire (79 - 9%). Over the period, GRO was not used in Scotland's other cities - Edinburgh, Aberdeen and Dundee.

Nearly one third of GRO schemes (31%) involving 140 properties (16 per cent of the total) have been in pressured housing market areas. In these cases the Scottish Government holds a Standard Security over the property allowing it to recover a proportion of any profits on resales, normally within 10 years of the original purchase.

Property Type and Size

This section looks at the properties that have been delivered under the LIFT schemes according to type and size by local authority area. Information for GRO and shared equity was collated by the Scottish Government using sales log forms and interviews. This means that the data does not cover all completions / sales for the schemes. The data is significantly incomplete for GRO for the period 2005/06 to 2009/10 as developers were no longer required to submit GRO returns to the Scottish Government (although some continued to provide this information). There were some gaps in data in relation to house type and size. There were also mistakes in the data in relation to house sizes, for example, in some cases 'apartment size' was given as a figure lower than 'number of bedrooms'. In these cases we have taken the number of bedrooms and added one as a guide.

Some information relating to property types and sizes is available for new shared ownership completions for the five year period. This data was collected for the TRS under different house type categories and is included at the end of the section.

NSSE property types / sizes

Table A3.3 below gives a breakdown of NSSE property types and sizes by local authority area.

Table A3.3: Property types and sizes delivered by NSSE 2005/6 to 2009/10*

Property type	Flat					Terraced				Semi-detached				Detached				Not known/ Other**	Total
Size (Apt size)	1	2	3	4	5+	2	3	4	5+	2	3	4	5+	2	3	4	5+
Aberdeen City	0	0	18	1	0	0	0	0	0	0	1	0	0	0	0	0	0	0	20
Aberdeenshire	0	4	23	0	0	0	0	0	0	5	36	29	0	0	0	0	0	0	97
Angus	0	1	5	4	0	0	4	0	0	0	6	0	0	0	0	0	0	8	28
Argyll and Bute	0	0	27	2	0	0	0	0	0	0	26	8	5	1	0	0	0	0	69
Clackmannanshire	0	0	0	0	0	0	0	0	0	0	9	7	0	0	0	0	0	0	16
Dumfries and Galloway	0	0	0	0	0	0	0	0	0	0	37	24	0	0	0	0	0	0	61
Dundee City	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
East Ayrshire	0	0	1	0	0	0	5	9	0	0	11	9	1	0	0	0	0	0	36
East Dunbartonshire	0	0	0	0	0	0	0	0	0	0	4	8	0	0	0	0	0	0	12
East Lothian	0	6	4	0	0	0	10	4	0	0	1	1	0	0	0	0	0	0	26
East Renfrewshire	0	0	0	0	0	0	0	0	0	0	10	20	0	0	0	0	0	0	30
Edinburgh City	0	11	122	1	0	0	11	1	0	0	7	7	0	0	0	3	0	0	163
Eilean Siar	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Falkirk	0	0	0	0	0	0	4	1	0	0	0	1	0	0	0	0	0	0	6
Fife	0	3	7	0	0	0	19	9	0	0	0	0	0	0	0	3	0	0	41
Glasgow City	1	17	144	12	0	2	15	11	12	0	18	19	13	0	0	1	1	0	266
Highland	0	18	143	4	0	0	13	1	0	0	95	53	0	0	2	0	4	7	340
Inverclyde	0	0	39	1	0	0	0	0	0	0	1	0	0	0	0	0	0	0	41
Midlothian	0	3	18	0	0	0	4	4	0	0	10	0	0	0	0	0	0	0	39
Moray	0	0	0	0	0	0	0	0	0	0	0	10	0	0	0	0	0	0	10
North Ayrshire	0	0	0	0	0	0	3	0	0	0	18	22	1	0	0	0	0	0	44
North Lanarkshire	0	0	20	0	0	0	12	9	2	0	18	7	2	0	0	0	0	0	70
Orkney Islands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Perth and Kinross	0	7	74	1	0	0	9	8	0	0	7	5	0	0	1	0	0	1	113
Renfrewshire	0	0	16	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	16
Scottish Borders	0	0	0	0	0	0	0	0	0	0	6	2	0	0	0	0	0	0	8
Shetland Islands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
South Ayrshire	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
South Lanarkshire	0	0	0	0	0	0	4	0	0	0	12	15	0	0	0	0	0	0	31
Stirling	0	0	4	0	0	0	0	3	2	0	0	0	0	0	0	0	0	0	9
West Dunbartonshire	0	0	40	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	40
West Lothian	0	2	25	2	0	0	0	3	0	0	11	0	0	0	0	1	0	0	44
Scotland	1	72	730	28	0	2	113	63	16	5	344	247	22	1	3	8	5	16	1,676
%	0.1	4.3	43.6	1.7	0.0	0.1	6.7	3.8	1.0	0.3	20.5	14.7	1.3	0.1	0.2	0.5	0.3	1.0	100.0

Source: LIFT Sales Log Database
Note - 6 properties were recorded without address
** 7 properties have been recorded as 'other'. Information is missing for the other units given in this column.

The table shows that NSSE subsidy was used to develop a wide range of property types and sizes. The most common types of home to be developed were flats (831 - 49.6%) and semi-detached houses (618 - 36.9%). Terraced houses were less common (193 - 11.5%) and detached homes were the least typical house type (17 - 1.0%).

The most common size / type of property were three apartment flats (730 - 43.6%). Smaller flats (2 apt/1 apt) were significantly less common. The next most typical house sizes / types were three apartment and four apartment semi-detached homes (344 - 20.5% and 247 - 14.7% respectively). Nearly seven per cent (113) of units were three apartment terraced houses.

The largest properties that were developed (4 apartment and 5+ apartment homes) were usually semi-detached homes.

There were no significant trends across local authority areas in terms of property type and size. Unsurprisingly, comparatively high numbers of flats were developed in primarily urban areas (Glasgow and Edinburgh) although this was also the case in Highland (where the total number of NSSE flats developed was high).

OMSEP property types / sizes

Table A3.4 gives a breakdown of OMSEP property types and sizes by local authority area. It is worth noting that for nearly half of OMSEP sales (1373 - 48.1%) property type / size was given as 'other' or was not recorded.

Table A3.4: Property types and sizes delivered by OMSEP 2005/6 to 2009/10*

Property type	Flat					Terraced				Semi-detached				Detached				Not known/ Other**	Total
Size (Apt size)	1	2	3	4	5+	2	3	4	5+	2	3	4	5+	2	3	4	5+
Aberdeen City	0	13	25	2	1	0	14	8	1	0	0	10	1	0	0	1	0	0	76
Aberdeenshire	0	1	4	1	0	0	1	3	0	0	1	5	1	0	0	0	0	0	17
Angus	0	0	4	0	0	0	0	1	2	0	0	1	0	0	0	0	1	1	10
Argyll and Bute	0	2	3	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6
Clackmannanshire	0	0	2	0	0	0	2	1	0	0	0	0	0	0	0	0	1	0	6
Dumfries and Galloway	0	0	1	0	0	0	16	9	1	0	8	3	3	0	0	0	0	1	42
Dundee City	0	1	3	2	1	0	6	2	2	0	1	1	0	0	1	0	2	0	22
East Ayrshire	0	1	2	0	0	0	4	0	0	1	0	2	0	0	0	0	0	0	10
East Dunbartonshire	0	3	4	1	0	0	2	5	0	0	1	3	1	0	0	0	0	0	20
East Lothian	1	16	21	2	1	5	10	7	1	0	3	4	3	0	0	0	2	165	241
East Renfrewshire	0	0	4	0	0	0	0	2	0	0	0	0	4	0	0	0	0	0	10
Edinburgh City	5	104	192	13	1	3	22	14	5	1	5	5	3	0	0	0	0	926	1,299
Eilean Siar	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Falkirk	0	1	5	2	0	0	4	3	1	0	2	0	2	0	0	0	1	0	21
Fife	0	0	8	0	0	1	17	8	4	0	5	0	1	0	0	0	2	2	48
Glasgow City	0	16	71	10	1	0	14	3	3	0	8	7	3	0	0	0	4	2	142
Highland	1	5	16	3	0	0	12	25	7	1	9	13	10	0	0	1	4	0	107
Inverclyde	0	0	13	0	0	0	2	1	0	0	0	0	1	0	0	0	0	0	17
Midlothian	0	7	14	4	0	3	14	13	0	0	2	3	1	0	0	0	0	117	178
Moray	0	0	0	0	0	1	1	0	1	0	1	0	0	0	0	0	0	0	4
North Ayrshire	0	1	3	0	0	1	0	3	0	0	0	0	0	0	0	0	0	1	9
North Lanarkshire	0	3	8	0	1	1	4	3	2	0	1	0	6	0	0	0	3	1	33
Orkney Islands	0	0	0	0	0	0	0	1	0	0	1	1	0	0	0	0	0	0	3
Perth and Kinross	0	2	12	2	0	1	5	3	0	0	0	2	3	0	0	0	2	0	32
Renfrewshire	0	1	4	0	0	0	1	1	0	0	1	0	3	0	0	0	0	0	11
Scottish Borders	0	1	1	0	0	0	1	0	1	0	0	1	0	0	0	0	0	0	5
Shetland Islands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
South Ayrshire	0	1	5	2	0	0	3	3	1	0	1	1	1	0	0	0	0	0	18
South Lanarkshire	0	4	12	0	0	0	6	3	2	0	0	0	2	0	0	0	0	0	29
Stirling	0	6	9	1	0	0	7	5	1	0	2	4	0	0	0	1	2	0	38
West Dunbartonshire	0	0	8	4	0	0	1	3	0	1	0	0	2	0	0	0	0	0	19
West Lothian	0	10	39	2	0	3	64	39	16	3	29	8	6	0	2	1	5	157	384
Scotland	7	199	493	52	6	19	233	169	51	7	81	74	57	0	3	4	29	1,373	2,857
%	0.2	7.0	17.3	1.8	0.2	0.7	8.2	5.9	1.8	0.2	2.8	2.6	2.0	0.0	0.1	0.1	1.0	48.1	100.0

Source: LIFT Sales Log Database
Nb - 14 were recorded without date of sale or location
** 36 properties have been recorded as 'other' - use of this classification appears inconsistent but includes, for example, cottage apartments and sheltered accommodation ( selection identified using Google Maps Street View). Information is missing for the other units given in this column.

The table shows that subsidy under OMSEP helped purchasers buy a range of property types and sizes. The most common type of property was three apartment flats (493 - 17.3%) and two apartment flats were also popular (199 - 7%). There were significant purchases of three apartment terraced houses (233 - 8.2%) and four apartment terraced houses (169 - 5.9%). It was less common for OMSEP purchasers to buy semi-detached or detached homes. However, it is worth noting that for detached properties, by far the most typical house size was five apartments and above.

The data shows some variation in the property sizes purchased under OMSEP by local authority area. OMSEP purchasers in urban areas (notably Aberdeen, Edinburgh and Glasgow) were more likely to buy smaller (2 or 3 apartment) flats compared with rural areas. For example, in Highland higher proportions of OMSEP purchasers bought four apartment terraced houses or larger (4 and 5+ apartment) semi-detached homes.

Comparing NSSE and OMSEP

Table A3.5 compares the property types and sizes supplied under NSSE and OMSEP.

Property Type	Size (apt.)	NSSE		OMSEP
		No.	%	No.	%
Flat	1	1	0.1	7	0.2
	2	72	4.3	199	7.0
	3	730	43.6	493	17.3
	4	28	1.7	52	1.8
	5+	0	0.0	6	0.2
Terraced	2	2	0.1	19	0.7
	3	113	6.7	233	8.2
	4	62	3.7	169	5.9
	5+	16	1.0	51	1.8
Semi-detached	2	5	0.3	7	0.2
	3	344	20.5	81	2.8
	4	247	14.7	74	2.6
	5+	22	1.3	57	2.0
Detached	2	1	0.1	0	0.0
	3	3	0.2	3	0.1
	4	8	0.5	4	0.1
	5+	5	0.3	29	1.0
Not known/Other	-	16	1.0	1373	48.1
Total		1,675	100	2,857	100

Source: LIFT Sales Log Database

There were some differences in the property profile of the two schemes. OMSEP appears to offer greater flexibility in house size. Across the house types, OMSEP purchasers were more likely to purchase a large property (5+ apt). OMSEP also saw a greater supply of small homes with a larger proportion buying homes with two apartments or less. While more than a third of NSSE properties were three apartment or four apartment semi-detached homes these property types were far less significant for OMSEP.

GRO property types / sizes

Table A3.6 gives a breakdown of GRO property types and sizes by local authority area.

Table A3.6: GRO supply by local authority area, property type and size delivered 2005/06 to 2009/10

Property Type	Size (apt size)	Falkirk	Fife	Glasgow	North Lanarkshire	West Dunbartonshire	Total	%
Flat	2	0	0	0	8	0	8	7.1
	3	1	11	0	27	0	39	34.5
	4	0	10	0	0	0	10	8.8
	5+	0	0	0	0	0	0	0.0
Terraced	2	0	0	0	0	0	0	0.0
	3	0	0	1	0	7	8	7.1
	4	0	0	12	0	4	16	14.2
	5+	0	0	2	0	0	2	1.8
Semi-detached	2	0	0	0	0	0	0	0.0
	3	0	0	1	0	7	8	7.1
	4	0	0	4	8	6	18	15.9
	5+	1	0	3	0	0	4	3.5
Detached	2	0	0	0	0	0	0	0.0
	3	0	0	0	0	0	0	0.0
	4	0	0	0	0	0	0	0.0
	5+	0	0	0	0	0	0	0.0
Total		2	21	23	43	24	113	100

Source: LIFT Sales Log Database

The available data for GRO properties delivered between 2005/06 and 2009/10 is significantly incomplete with detailed information only available for 113 units (representing just 13% of the 867 completions for the period). The data shows that for the five local authority areas where monitoring returns were made, GRO was used to subsidise the development of 57 flats, 26 terraced houses and 30 semi-detached houses.

The most typical property developed under GRO was three apartment flats (39 - 34.5%), although the monitoring data also shows that GRO was used to develop comparatively high numbers of four apartment terraced and semi-detached houses (14.2% and 15.9% respectively).

Shared ownership property types / sizes

The available shared ownership data relates to properties completed between 2005/06 and 2009/10. Information on house type and size is available for 207 properties - just more than a quarter of all shared ownership homes supplied over the period according to the Scottish Government's agreed figures (given in Table 3.1). Information for shared ownership properties was categorised differently from the other schemes with flats split into four-in-a-block, tenement and multi-storey. Houses were treated as a single category.

Table A3.7: Shared ownership supply by local authority area, property type and size 2005/6 to 2009/10

Property type	House		4-in-block flat		Tenement flat			Multi-storey flat		Total
Size (Apt size)	3	4	3	4	2	3	4	2	3
Edinburgh City	0	0	0	0	2	16	3	0	0	21
Falkirk	11	13	0	0	0	0	0	0	0	24
Fife	25	24	0	0	0	18	0	0	0	67
Glasgow City	3	1	4	0	0	29	0	0	0	37
North Lanarkshire	3	1	0	0	0	0	0	0	0	4
Perth and Kinross	6	3	0	0	0	0	0	8	16	33
West Dunbartonshire	1	16	4	0	0	0	0	0	0	21
Totals	49	58	8	0	2	63	3	8	16	207
%	23.7	28.0	3.9	0.0	1.0	30.4	1.4	3.9	7.7	100.0

Source: TRS

Table A3.7 shows that just over half (51.7%) of shared ownership completions were houses of either three or four apartments. The most common flat type was three apartment tenements (63 - 30.4%) and there was some development of three apartment multi-storey flats (16 - 7.7%). There were very few completions of smaller homes: just 10 two apartment flats were developed under the scheme (4.8%).

Across house types, three apartment was by far the most common size accounting for two-thirds of shared ownership properties (136 - 65.7%). Larger, four apartment homes made up 29.5 per cent of shared ownership completions in the period (61).

Summary

• Over the past five financial years LIFT schemes have delivered 7,268 homes. Shared equity was the largest tenure (accounting for 77.1%) and most LIFT homes (44%) were delivered through the OMSEP. GRO accounted for just less than 12 per cent of properties and shared ownership delivered just less than 11 per cent.
• There was a significant increase in the supply of LIFT units in 2009/10 - rising by 67 per cent on the previous year.
• Shared ownership has been particularly popular in Glasgow. NSSE has been used in areas across Scotland and most widely in Highland. OMSEP has been used throughout the country with most units in Edinburgh and the Lothians where the original OMSEP was piloted. GRO has been most common in West Central Scotland.
• Half of the homes supported by NSSE were flats. More than a third (37%) were semi-detached houses. The most common type of NSSE property was a three apartment flat.
• The profile of OMSEP properties showed a greater range of sizes and types suggesting greater flexibility. OMSEP purchasers were more likely to buy larger (5+ apartments) or smaller properties (2 apartment or less) compared to NSSE purchasers. OMSEP purchasers and NSSE purchasers typically bought three apartment homes.
• The available data shows that just over half of shared owner properties (51.7%) were houses - this was higher than the other LIFT schemes which produced higher volumes of flats.