New Supply Shared Equity administrative procedures
Guidance for registered social landlords and grant providers on New Supply Shared Equity (NSSE) administrative procedures.
Annexe J: Property re-sale form
Notes on completion
Please read these notes before completing the form. If in doubt, please consult your grant provider.
You should submit a completed form each time you buy back a property with a golden share and re-sell it to an owner who takes a higher equity stake in the property than the previous owner.
Forms should be submitted to the grant provider within one week of the date of settlement in the case of a buy back and re-sale. This allows the grant provider to raise a request for the receipt of sums due to the Scottish Ministers.
You should not enclose any remittances with the form, as the information contained therein will be used by the grant provider to raise a request for the sum that is repayable.
Please note that this form will no longer be required following the introduction of the Housing and Regeneration Payments System ( HARP) and you should refer to ASSEP for further information
New Supply Shared Equity scheme - property re-sale form
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