957 households in Scotland have already taken out a mortgage and purchased a house using this UK government scheme, the overwhelming majority of these (80%) were First-time buyers.

The Help to Buy mortgage guarantee scheme is supporting responsible lending, with the average house in Scotland bought under the scheme costing around £112,000 well below the average Scottish house price of £180,575. The average house price to income multiple in Scotland, under the mortgage guarantee scheme, is just under 3x salary.