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FOI/202100227083 · FOI · not held

First Home Fund applications: FOI release

Published
2021-08-23
Received
2021-07-30
Responded
2021-08-17
Directorate
Topic
Housing, Money and tax, Public sector
Exemptions
8, 3, 17(1)

Information requested

1. How many applications were made to the First Home Fund between April 1st 2021 and April 4th 2021 when the scheme was closed.

2. How many applications were made and/or processed to the Help to Buy and LIFT schemes in the same time period as above – 1st April 2021 to 4th April 2021.

3. What was the age and gender breakdown of applicants who made successful applications to the First Home Fund between April 1st – April 4th 2021.

4. What was the number of single person applications and what was the number of joint applications for the First Home Fund between April 1st – April 4th 2021.

5. A numerical breakdown of which local authority areas accessed the First Home Fund and how many applications were made from each local authority that were successful.

6. What was the size of the applicants’ initial personal deposit before being awarded the additional support from the First Home Fund between 1st April – 4th April 2021.

7. A numerical breakdown of which housebuilder/developers that accessed the First Home Fund for the residents on their new developments.

8. How many applications were made for new build properties from the First Home Fund April 1st 2021 – April 4th 2021.

9. How many applications were made for pre-existing houses in Scotland between 1st April 2021 – 4th April 2021.

10. A numerical breakdown in deciles of the costs of properties that were awarded funding from the First Home Fund April 1st 2021 – 4th April 2021.

11. A numerical breakdown in the number of applications which were made to mortgage providers and property developers who had submitted their missives/ notes of interest submitted between 1st January 2021 and 31st March 2021.

Response

As per our correspondence with you on 2 August, with respect to the First Home Fund, we have provided information on applications received to the fund between 1st and 8th April, rather than the 4th April, since the fund closed to new applications on the 8th April. Furthermore, since applications which have been approved can subsequently be withdrawn by the purchaser, the data we have provided for the First Home Fund is based on an extract from the managing agent’s database as at 7th July 2021 relating to applications which had been approved and which had either settled or were awaiting settlement, i.e. it excludes applications which had been approved but which had been withdrawn by the purchaser prior to 7th July.

A number of other points should be kept in mind when interpreting the data:

The final number of sales will differ from the number of approved applications as at 7th July to the extent that purchasers withdraw their applications after this date. Data on age and gender include data for both applicants in the case of joint applicants; thus the total of applicants exceeds the total of applications. Some data fields are completed by applicants on a voluntary basis when the sale settles, and are purely for monitoring purposes, which means that not all applications have provided information; we have noted the numbers involved where this is the case. Data which is provided on a voluntary basis is not subject to routine quality assurance.

1. Information relating to this question has been previously released under FOI reference number FOI/202100195615, available at Information relating to First Home Fund: FOI release - gov.scot (www.gov.scot). As at 7th July 2021, 2,862 applications had been approved and had either settled or were awaiting settlement. The difference between this number and data in FOI/202100195615 will be due to any applications which had been withdrawn by 7th July.

2. From 1st to 8th April 2021, 54 applications were made and/or processed to the Open Market Shared Equity scheme. From the 1st to 8th April, 5 applications were made and/or processed to the Help to Buy schemes.

3. As at 7th July 2021, the breakdown by age of First Home Fund purchasers was:

Age Bands Number of applicants 18-25 1,089 26-30 1,658 31-35 930 36-40 458 41-45 209 46-50 90 51-60 44 Over 60 1

As at 7th July 2021, the breakdown by gender of First Home Fund purchasers was:

Female 1,254 Male 1,235 No response provided 2,005

4. As at 7 July 2021, the number of single person applications in the First Home Fund was 1,230 and the number of joint applications was 1,632.

5. At as 7th July 2021, the breakdown by local authority of First Home Fund applications was:

Local Authority Number Aberdeen City 136 Aberdeenshire 106 Angus 57 Argyll and Bute 12 City of Edinburgh 285 Clackmannanshire 29 Na h-Eileanan Siar 4 Dumfries and Galloway 16 Dundee City 109 East Ayrshire 53 East Dunbartonshire 24 East Lothian 74 East Renfrewshire 40 Falkirk 79 Fife 189 Glasgow City 358 Inverclyde 24 Midlothian 124 North Ayrshire 46 North Lanarkshire 197 Orkney Islands 2 Perth and Kinross 55 Renfrewshire 142 Scottish Borders 22 Shetland Islands 1 South Ayrshire 20 South Lanarkshire 261 Stirling 40 Highlands 96 Moray 46 West Dunbartonshire 37 West Lothian 127 No address provided 51

6. We do not hold information regarding the size of individuals’ personal deposits before being awarded the additional support from the First Home Fund. However, as at 7th July 2021, the average deposit that purchasers had contributed or had indicated that they would contribute towards the purchase of their home was £16,720.

7. Housebuilders/developers do not access the First Home Fund; only individuals can access the fund. Alternatively, if you require a breakdown of which, if any, housebuilder/developer an individual indicated that they intend to purchase from please contact firsthomefund@gov.scot

8. As at 7th July 2021, the number of First Home Fund applications for new build properties was 1,212.

9. As at 7th July 2021, the number of First Home Fund applications for existing build properties was 1,650.

10. As at 7th July 2021, the breakdown by decile of First Home Fund purchase prices was:

Purchase price decile Purchase price level 1 £100,000 2 £126,300 3 £145,000 4 £165,000 5 £182,000 6 £200,000 7 £215,000 8 £235,400 9 £262,000

While our aim is to provide information whenever possible, in this instance the Scottish Government does not have some of the information you have requested. The reason why we don't have the information is explained below:-

11. No records are held of a numerical breakdown in the number of applications which were made to mortgage providers and property developers who had submitted their missives/ notes of interest between 1st January 2021 and 31st March 2021.

This is a formal notice under section 17(1) of FOISA that the Scottish Government does not have the information you have requested.

About FOI

The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses.

Contact Please quote the FOI reference Central Enquiry Unit Email: ceu@gov.scot Phone: 0300 244 4000 The Scottish Government St Andrews House Regent Road Edinburgh EH1 3DG

Detected exemption language

This is a formal notice under section 17(1) of FOISA that the Scottish Government does not have the information you have requested.

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