Open Market Shared Equity (OMSE) Scheme: buyer information

Open Market Shared Equity (OMSE) Scheme – Buyer Information

The Open Market Shared Equity Scheme helps first time buyers on low to moderate incomes to buy a home on the open market (within a certain price threshold) where this is sensible and sustainable for them to do so.

As well as first time buyers, the scheme is also open to priority group applicants which are social renters (in other words, people who rent a property from either a local authority or a housing association), disabled people, people aged 60 and over, members of the armed forces, veterans who have left the armed forces within the past two years, and widows, widowers and other partners of service personnel for up to two years after their partner has been killed whilst serving in the armed forces.