Highlight Housing to support sale of shared equity properties for Places for People
Places for People has appointed specialist affordable housing sales agency Highlight Housing to market and sell its shared equity properties across Scotland.
Highlight Housing specialises in the sale of new-build affordable housing throughout the UK, offering an in-depth knowledge of low-cost homeownership schemes and a thorough understanding of regulatory and planning frameworks.
Ryan Blair, managing director at Highlight Housing, said: “Partnering with one of the UK’s leading affordable housing providers, Highlight’s role is to educate prospective purchasers, guide them through every stage of the home-buying process, and provide a seamless, supportive experience that empowers them to proceed with confidence. Together, we aim to make affordable homeownership accessible to more people across Scotland.”
The shared equity tenure offered by Places for People is part of the Scottish Government’s New Supply Shared Equity (NSSE) scheme. Through this initiative, buyers purchase between 60 to 80% of the property while Places for People retains the remaining equity share. Unlike shared ownership, no rent is charged on the retained equity share. This approach significantly lowers upfront costs and ongoing monthly payments, offering an affordable solution for individuals and families looking to step onto the property ladder.
Allison Sutherland, regional director of sales and marketing - Scotland at Places for People, added: “Appointing Highlight Housing reflects our commitment to making affordable homeownership a reality for as many people as possible.
“Their expertise in affordable housing sales and buyer-first approach aligns perfectly with our mission to create thriving communities. We are confident this collaboration will provide a smooth and supportive experience for prospective buyers while enabling us to help tackle Scotland’s housing crisis by developing multi-tenure communities.”