Renfrewshire Council

Low Cost Home Ownership through the New Supply Shared Equity Scheme

New Supply Shared Equity Scheme, who can buy homes through this scheme, if you want to buy through the scheme.

New Supply Shared Equity Scheme

The New Supply Shared Equity (NSSE) scheme can help low to moderate income households buy a new build home developed as part of the Scottish Government's Affordable Housing Supply Programme as part of the Council's Strategic Housing Investment Programme (SHIP).

As part of the SHIP, a proportion of homes may be offered for sale on a shared equity basis on larger affordable housing sites although the majority of affordable homes generally will be made available for social rent.  

We publish information on all new affordable housing sites being developed in Renfrewshire on our website detailing the type of affordable provision being provided, including social rent and NSSE.

Who can buy homes through this scheme

Under the New Supply Shared Equity scheme, any potential buyer would purchase a majority stake in an available affordable new build homes (normally 60% to 80% of the full purchase price) with the remaining share paid through grant from the Scottish Government. The purchaser does not pay any rent on the share of the property they do not own.

In most instances, buyers can increase their share of the property over time to own a larger share of the property. However in certain circumstances, the government will retain a 'golden share' to ensure than the property remains in the affordable housing sector in the future.

If you want to buy through the scheme

If you are interested in purchasing a property through the New Supply Shared Equity scheme, you should contact the developing housing association directly.

For more information about New Supply Shared Equity, contact the Place Strategy Team, Economy and Development, Chief Executive's Service, Renfrewshire House, Cotton Street, Paisley. PA1 1WB or at