Increasing the supply and improving the quality of housing across Scotland remains a key priority for us. Our award-winning housing experts are working to put in place innovative solutions to increase the supply of affordable and mid-market rent housing.
Following extensive market engagement, Scottish Government has announced its Rental Income Guarantee Scheme (RIGS) to help stimulate the Build to Rent (BTR) sector in Scotland.
BTR is being supported by the government as a new way of providing newly-built, good quality, private rented housing at scale.
What RIGS aims to do, is provide the developer and their investors with greater confidence during the early stages of occupation when the letting risk is likely to be at its highest.
RIGS seeks to help developers and their investors to overcome this challenge by offering a guarantee which will compensate the developer for part of the shortfall if the expected levels of rent are not achieved.
RIGS has now received parliamentary approval and will be managed by our housing experts.
The application process is now open and you can find out more and how to apply by clicking here to the new RIGS website.