Chapelton Mortgage Advice

25/11/2025

A Guide to Scotland’s Shared Equity Schemes: OMSE & NSSE Explained

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)...

Why use a shared equity scheme, who are the for, and how does the mortgage work. Get mortgage advice to answer all your questions

01/09/2025

29/08/2025

Chapelton Planning Updates

Land at Inverlochy Road and Cookney Road

As some of you may be aware EDC submitted a planning application back in January to extend Chapelton Westward rather than the original phasing on the masterplan which would have seen Chapelton extend north first.

Roads development at Aberdeenshire Council objected to this as the only access to Chapelton is currently Greenlaw Road which is not of the correct size to service the number of properties and there is not second access to Chapelton of the required standard.

EDC submitted proposal for some upgrades to the Cookney Road (Doohills Road) on 4th July so they could get round the Roads issue but Roads Development have again Objected.

Decision
A new distributor class road should be provided from A92 Newtonhill West Roundabout to link with the development. This should be continued westward as the development extends.

Reason To provide interconnectivity and resilience in the network for maintenance and unexpected closures

Full plans and information can be viewed at http://bit.ly/45WFIOK

Burgess Park

A revised application has now been submitted for AJC’s next phase which is at Burgess Park.

They application can be viewed at https://bit.ly/4oWqmCI

14/08/2025

03/07/2025

🔑 First-Time Buyer? Let’s Make It Simple!

Buying your first home is exciting—but it can also be overwhelming. That’s where we come in. Our expert team will guide you every step of the way, helping you understand your mortgage options and secure the right deal.

📍Based in Aberdeen | 🌍 Helping buyers across the UK

📞 Ready to start your journey? Send us a message today!

Email: [email protected]
Tel: 01224 679330

10/06/2025

Shared Equity Home Purchase Schemes

LIFT Open Market Shared Equity Scheme (OMSE)

With this scheme there are restrictions on the maximum purchase price and this based on the area in which the property is being purchased and the size of property.

If accepted, you are then able to purchase a property that is being sold on the open market. You must contribute towards the purchase with the maximum mortgage you can obtain plus any deposit you have available. You can get between 10% and 40% assistance from the Scottish Government in the form of an equity loan. If with the mortgage available and your own deposit you can raise more than 90% of the purchase price you will not be eligible for the scheme.

You do not have any monthly payments for the equity loan and are not charged interest but on sale of the property you must repay the percentage of equity assistance provided based on the sale price of the property.

https://mortgagebrokeraberdeen.com/lift-shared-equity

New Supply Shared Equity (New Builder)

This again open to First Time Buyers but can also be considered where you may have previously owned a home and have experienced a significant change to personal circumstances such as a martial breakdown. The scheme can also apply a maximum household income which if exceed would mean that you would not qualify.

The assistance available will range from 20% to 40% of the purchase price of the property. You will own 100% of your new home but the Scottish Government will take a security over the property for the percentage of the assistance provided.

This scheme is offered by social landlords/housing associations and by some approved house builders.

More information is available at https://www.mygov.scot/new-supply-shared-equity-scheme/overview/

Mortgage Advice

To find out more about the schemes, whether you would qualify and if they would be of benefit to you get in touch with David who will be able to review your mortgage options.

Call on 01224 679330
Email [email protected]

Your home may be repossessed if you do not keep up repayments on your mortgage.

05/06/2025

💸 Could you be saving money on your mortgage?

With rates constantly changing, now’s the perfect time to review your deal. Whether your fixed rate is ending or you’re just curious, we’ll help you find a better rate and potentially help you save on your next deal.

✅ Free mortgage review
✅ No obligation
✅ Fast, friendly service

📲 Message us to book your FREE remortgage check-up.

You may have to pay an early repayment charge to your existing lender if you remortgage before the current rate has ended.