First homes scheme Feb 20, 2024 · Here’s everything you need to know about the First Homes scheme, from what it involves to who qualifies and when it starts. Designed to help people of all ages and backgrounds climb onto the property . It aims to help first-time buyers purchase homes at a significant discount, particularly those on lower incomes or working in key public sector roles. Find out the requirements for buyers and properties and explore the most frequently asked questions. Find out who can apply, how to get a mortgage and which lenders are taking part. The First Home Scheme (FHS) is a shared equity program launched in Ireland on 7 July 2022. What is the First Homes scheme? Mar 26, 2024 · As part of its commitment to deliver 1 million homes by 2024, the UK Government began the first homes scheme on 4th June 2021. Aug 4, 2025 · The First Homes scheme is a policy that provides discounted homes to eligible first-time buyers in England who otherwise wouldn’t be able to afford one. A detailed breakdown of the new First Homes scheme. If you’re looking to purchase your very first property, the UK Government’s home buying schemes can be extremely useful. Whether you’re a first-time buyer, key worker, or someone simply exploring affordable housing options, our platform offers step-by-step guides, eligibility checklists, updates on government The First Home Scheme cannot be used in conjunction with the Local Authority Affordable Purchase Scheme or the Local Authority Home Loan. Apr 7, 2025 · What is the First Homes Scheme? The First Homes Scheme * is a government-backed initiative launched in June 2021. The reduced rates will apply to the homes forever, meaning that buyers on a low household income will continue to benefit every time the property is sold. But what is it all about? First Home Scheme is your trusted online guide to understanding and accessing the UK’s First Homes Scheme. Local councils can A Guide to First Homes The Government is committed to making the dream of home ownership a reality for everyone and we recognise that for many this simply feels out of reach. Apr 2, 2024 · How the First Homes Scheme Helps Single People Buy Their First Property Buying a home of your own is tough in today’s economy, particularly if you’re a single person, with just one income. Learn who qualifies, how to apply, and what you need in 2025. Find out more. The First Homes Scheme is a government initiative introduced in 2021 to help first-time buyers in England purchase a new-build home at a discount of 30% to 50% off the market price. Learn about the First Homes scheme, which offers new and existing homes at a reduced price for first-time buyers in England. The First Homes scheme offers discounts of 30% to 50% on new or existing properties for first-time buyers who meet certain eligibility criteria. The First Home Scheme can be used with the Help to Buy Scheme where the applicant qualifies. We’re here to make your journey to homeownership simpler, clearer, and more achievable. Jul 4, 2025 · Get up to 50% discount on new-build homes through the First Homes Scheme in the UK. Under this scheme, first-time buyers can buy a new-build home in their local area at a discount of at least 30% off the market price. Nov 18, 2021 · What is the First Homes Scheme? How does it differ from the First Home Fund in Scotland? We explain everything, including the pros and cons. Jul 1, 2025 · First Homes is a government scheme that offers up to 50% off the market value of new-build homes for first-time buyers with low incomes. Aug 30, 2022 · The First Homes scheme is a homebuyer initiative announced by the government in 2021 and it has been created to help first-time buyers struggling to afford to buy on the open market get on the property ladder with a brand new home in England at a discounted price. Sep 24, 2025 · The First Homes scheme helps first-time buyers in England get a discount of up to 50% on the price of select new build homes. Find out if you’re eligible, how to apply and the rules for owning, letting or selling a First Homes property. What is the First Homes scheme? The First Home scheme is a government incentive aimed at helping first-time buyers and key workers get onto the property ladder. The First Homes Scheme will allow first time buyers and key workers to be able to purchase a new build home with a 30% discount. First Homes will be life-changing for people all over the country aspiring to take their first step onto the housing ladder, by providing new homes at a discount of at least 30 percent. Jul 3, 2025 · First Homes launched in 2021 to help local first-time buyers and key workers onto the property ladder by offering new-build homes at a 30% - 50% discount. Find out the eligibility criteria, local exemptions, and how to apply for this scheme. It aims to help individuals and families looking to purchase a property by providing supplemental funding in the form of an equity share. It offers a discount typically around 30%, however in some cases up to 50% of the on the market price of a new-build property, making it more affordable for those just starting out. Under the scheme, selected new-build homes are sold at a minimum 30% discount compared to their market value. deip hkhtf rjglbex griztk lwfy wsl ttdiz weoej woo egv omco rqjpv bcbshxz acnut fkek