Are you a first-time buyer in England? Would the government’s Your First Home scheme help you?

Government first-time buyer scheme unlikely to launch until 2027

First-time buyers are likely to have to wait until next year to take advantage of the Government’s new homebuying scheme. Several major lenders have revealed they were given little notice of Your First Home, which aims to help people get on the property ladder. Those who use the scheme will be able to purchase a new-build with a 2.5 per cent deposit backed by a 20 per cent equity loan. New details suggest the Chancellor will set the earnings cap…

Earnings limit of up to £140K for first-time buyers loan scheme

The Your First Home scheme will offer government-backed loans for those buying new-builds in England.

Are you a first-time buyer in England? Would the government’s Your First Home scheme help you?

England's new Your First Home scheme offers first-time buyers a government-backed equity loan worth 20% of a new-build property's purchase price, requiring only a 2.5% deposit.

Teachers and Nurses Targeted by Labour’s New Home Loan Scheme

Highlights Households earning below £110,000 outside London and £140,000 in the capital are expected to qualify for the scheme. Buyers could purchase eligible new-build homes with deposits as low as 2.5 per cent, supported by government-backed equity loans. The scheme is intended to help middle-income households while supporting housebuilding, but its final eligibility rules are yet to be confirmed. Teachers, nurses and other middle-income house…