Shared Equity Schemes: Evaluation Reports

This document describes an evaluation of the Scottish Government's Shared Equity Schemes, specifically Help to Buy (Scotland), New Supply Shared Equity, and Open Market Shared Equity. These schemes aim to make housing more affordable and increase homeownership among lower-income households and first-time buyers. The evaluation employed surveys, interviews, and data analysis, with a focus on ensuring representativeness through data weighting and statistical testing. Over 32,000 households have been supported, with results showing high satisfaction among buyers and a positive impact on the housing market, including increased sales volumes for developers. The schemes have successfully targeted the intended groups and have shown varying degrees of additionality, with some debate over their necessity for all buyers. The evaluation also considers the potential future influence of the COVID-19 pandemic on housing policies and notes the reliance of smaller developers on these schemes. It concludes with the need for a careful approach to any future changes in support, given the schemes' significant role in the housing market. **This summary was written by an AI model and therefore should not be considered a definitive summary of the report. If you are aware of inaccuracies, please email evaluation.registry@cabinetoffice.gov.uk.**

Description

• Lead department: The Scottish Government (The Scottish Government)
• Evaluation stage: A complete evaluation report
• Other departments: No other departments listed
• Evaluation types: Impact evaluation; Process evaluation
• Impact methods: Randomised control trial (RCT)
• RCT methods: No RCT methods listed
• Process methods: Individual interviews; Surveys and polling
• Grant information: This intervention is not distributing funding via a grant
• Government Major Project information: This intervention is not a major project
• Policies: No policies provided

Event Dates

• Event Name: Publication of final results
• Event date: June 2020

Evaluation Costs

• Cost: Not provided

Evaluation sharing

• Link(s) to published report(s): Yes
• Links to evaluation plans: No link provided
• Findings: Not provided
• Permission to share confirmed: Yes