Trusted insight from a mortgage adviser with over 30 years of experience

For more than three decades, I’ve helped first-time buyers and home movers across Aberdeen — and throughout Scotland — navigate the best paths into homeownership. Two Scottish Government schemes that consistently help make buying more affordable are the Open Market Shared Equity Scheme (OMSE) and the New Supply Shared Equity Scheme (NSSE).

Both can make a significant difference to what you can afford — but they work in different ways. Here’s a clear, practical guide to help you understand which might be right for you.

Open Market Shared Equity (OMSE): Buy on the Open Market for Less

OMSE allows eligible buyers to purchase a home on the open market by buying a majority share (normally between 60%–90%) while the Scottish Government takes the remaining share.

Why buyers choose OMSE:

• You can buy from any seller, not just a developer or housing association
• You choose from a list of price thresholds based on the property size you need
• You own and live in the home just like any other homeowner
• You need a smaller mortgage — and often a smaller deposit

In Aberdeen, this scheme is especially helpful for first-time buyers looking for well-located homes that would otherwise be out of reach.

New Supply Shared Equity (NSSE): Affordable Access to New-Build Homes

NSSE is designed for buyers purchasing a new-build property from a housing association or local authority. You buy a majority share (typically 60%–80%) and the Government holds the rest.

Why clients like NSSE:

• Access to high-quality, energy-efficient new-build homes
• Reduced mortgage requirements
• Ideal for first-time buyers or those in housing need
• A secure way into brand-new communities

Many of my clients around Aberdeen have found NSSE to be a fantastic route into modern homes without stretching their budget.

Who Are These Schemes For?

Both OMSE and NSSE support:

• First-time buyers
• People on lower or modest incomes
• Disabled buyers
• Social tenants looking to move
• Those in significant housing need

If affordability is a barrier, these schemes can provide a realistic and sustainable route to homeownership.

Why Advice Matters

Whether you’re buying on the open market or considering a new-build, it’s crucial to get the impartial and unbiased mortgage advice.

Builders or sellers might suggest you use their recommended broker, but choosing your own adviser ensures your interests remain the top priority and you receive guidance tailored specifically to your needs rather than those of the builder.

With over 30 years’ experience advising on Scottish Government schemes, I provide:

• Completely unbiased guidance
• Access to a comprehensive range of lenders
• Advice that focuses entirely on your goals, not a developer’s deadlines
• A clear explanation of the pros and cons of each option

Your mortgage should work for you. Impartial advice ensures it does.

Which Scheme Is Right for You? Let’s Find Out.

Both OMSE and NSSE offer fantastic opportunities — but the right one depends on your income, deposit, preferred areas, and long-term plans.

Whether you’re in Aberdeen or anywhere else in Scotland, I can help you understand:

• Your eligibility
• Your buying options
• The price thresholds in your area
• How each scheme might fit your circumstances

Ready to explore OMSE or NSSE? Get in touch for trusted, expert advice — and take your next step towards owning your new home.