The Government's new Your First Home scheme is designed to help more first-time buyers purchase a new-build home with a smaller upfront deposit.
The scheme will be aimed at first-time buyers in England, particularly those with a regular income who have struggled to save a large deposit.
Detailed eligibility criteria, income thresholds and property price caps will be announced by the Chancellor at the Budget in October.
Final details for the scheme are still to be confirmed by the Government, however with Your First Home, eligible buyers may be able to:
Help with your deposit
Deposit Top-Up
Put down a 10% deposit, and we'll top it up by 5%, making it easier to buy the home you've always wanted.
Help with your mortgage
Mortgage Contribution
We could contribute towards your mortgage and take some of the financial pressure away.
Save on every £25,000
Armed forces discount
You could get a discount of up to £500 for every £25,000 you spend on a new home.
Terms & conditions will apply to this scheme. We are awaiting final Government details. Please register your details with your chosen development and the sales team will be able to update you shortly.
