We are working to attract inward economic investment into Scotland’s towns, cities and communities that will deliver housing, improved public service delivery, enhanced connectivity and economic benefits.
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 open and you can find out more and how to apply by clicking here to the RIGS website.