Shared/low-cost home ownership

This section provides information on shared ownership and low-cost home ownership schemes, which help people who could not normally afford to do so buy a home on the open market. The section looks at the different types of schemes available.

What is shared/low-cost ownership?

This section gives a general description of shared ownership and low-cost home ownership. 

Conventional shared ownership

This section describes conventional shared ownership schemes. 

New supply shared equity

The New Supply Shared Equity scheme (NSSE) is aimed at people on low to medium incomes who would find it difficult to afford to buy a new build property on the open market. 

Open market shared equity

The Open Market Shared Equity scheme (OMSE) is aimed at people on low to medium incomes who would find it difficult to afford to buy a property for sale on the open market. 

Other shared ownership schemes

In addition to the conventional shared ownership scheme described in this section, there are a number of other, smaller shared ownership schemes in existence. This page describes them. 

Croft house grant scheme

This page looks at the croft house grant scheme, which provides grants to help crofters build new homes or renovate existing croft houses.