The First Homes scheme is a new scheme designed to help local first-time buyers and key workers onto the property ladder, by offering homes at a discount of 30%, compared to the market price. In some areas, the discount could be as high as 50%, providing even greater savings.
Eligibility:
- Must be a FTB, not earning over £80,000 (£90,000 in London)
- Must be a buyers only home
- Local connections and/or key worker status determined by the relevant local authority
- There will be a limited number of plats in each development once scheme up and running
- Deposit required - minimum of 5% of the discounted purchase price
For more information, contact our Sales Co-Ordinator or email; [email protected]
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.