First Homes Buyer Scheme

First Homes is a government-backed scheme designed to help more first time buyers onto the property ladder. Brand new homes are available for sale with a discount of at least 30% of the market value, on selected new-build homes in England, up to a maximum price of £250,000 (£420,000 in London) after the discount is applied. 

Who is eligible for the First Homes scheme?
To apply for the First Homes scheme, you'll need to:

• Be a first time buyer whose income (combined if couples of group purchasers) doesn't exceed £80,000 per annum
• Meet the local eligibility criteria set by the local authority (if any)^
• Be able to get a mortgage for at least 50% of the discounted purchase price
• Have at least a 5% deposit of the discounted purchase price
• Have the First Homes property as your only home

Where can I find a home with the First Homes scheme?

• The First Homes scheme is available only on selected properties. Explore the collection of brand-new homes to find out if the First Homes scheme is available on the home you want to buy.