WebThe First Homes scheme is a government initiative designed to provide local houses for first-time buyers, by getting them on the property ladder, by offering new builds with a … WebMay 20, 2024 · The First Homes Scheme lets first-time buyers purchase their first home at a discount of at least 30%. The maximum discount is 50%, but this only applies in a limited number of areas. This makes buying your first home much more affordable. The UK Government claims that the discount saves buyers an average of £70,000.
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WebFirst Homes is a new scheme run by the Government with the principle aim of to helping local first-time buyers and key workers own their own home in the area they live and work. In order to take part in the scheme, you must be a first-time buyer who, does not own, or has not previously owned a property. WebOct 21, 2024 · Many mortgage lenders have announced that they will be offering high loan-to-value mortgages against First Homes in support of the scheme. The First Homes … roadhog catch a mari
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WebMar 14, 2024 · The initial First Homes scheme 2024 properties were launched in June in Bolsover, West Midlands. Sites in Staffordshire and Durham have since offered First Homes scheme properties, and another has also been announced in Hampshire, which will have 310 homes to buy through the scheme. WebFirst Homes helps local first time buyers on to the property ladder with just a 5% deposit and at least 30% discount compared to market prices. FIND OUT MORE Deposit Unlock means that whether you're looking to make your first or next move, a dream Linden Home could be yours with just a 5% deposit. Introduce a Friend FIND OUT MORE WebJun 4, 2024 · First Homes are capped, meaning that after the discount is applied the property cannot cost more than £420,000 in London (or £250,000 in the rest of England). Within the capital and the more... snapmirror flexvol to flexgroup