Low-cost Initiative for First-Time Buyers: Open Market Shared Equity Pilot Scheme Administrative Procedures

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Annexe J: Equity stake increase form

Notes on completion

PLEASE READ THESE NOTES BEFORE COMPLETING THIS FORM. IF IN DOUBT, PLEASE CONSULT YOUR LOCAL SCOTTISH GOVERNMENT REGIONAL TEAM.

You should submit a completed form each time an owner has increased their equity stake in a property.

Forms must be submitted to your local Scottish Government Regional Team within one week of the equity stake increase having taken place. This allows the Scottish Ministers to raise a request for the receipt of sums due to them.

You should not enclose any remittances with the form, as the information contained therein will be used by the Scottish Ministers to raise a request for the sum that is repayable.

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Page updated: Wednesday, January 27, 2010