Launching February 2027
Your First Home Scheme – Upcoming Government Backed First Time Buyer Scheme
The Government’s new Your First Home Scheme is intended to make buying a new-build home more accessible for first-time buyers, with a lower upfront deposit.
It will support first-time buyers in England, particularly those with a regular income who may find it difficult to save a larger deposit.
Who Is Eligible for the Your First Home Scheme?
The scheme is expected to open for applications in February 2027, with pre-registration expected from December 2026. Information about eligible homes and the application process is expected to be published by the Government before applications open.
Register your details now with the developments below.
What Will the Your First Home Scheme Offer?
Based on the details announced by the government so far, eligible first-time buyers will be able to purchase a home using:
- A deposit of just 2.5% towards a brand-new home
- A Government equity loan for 20% of the purchase price, interest free for 5 years
- A mortgage to fund the remaining balance
Final eligibility criteria and full scheme details are still to be confirmed. The purchase price of homes are subject to regional price caps as set out click here
Example
| Purchase Price | £400,000 |
| 2.5% Deposit | £10,000 |
| 20% Government Equity Loan | £80,000 |
| 77.5% Mortgage | £310,000 |
Participating Developments
We invite you to register your interest now with one of our participating developments.
Disclaimers
Your First Home eligibility: Government property price caps vary by location and not all have been published. Homes shown are potentially suitable for the scheme. Eligibility is subject to the applicable local price cap and full Government eligibility criteria