Your First Step onto the Property Ladder
Your First Home is a new Government scheme helping first-time buyers in England purchase a new-build home with just a 2.5% deposit and a 20% Government equity loan. Pre-registration available by the end of 2026 with customer applications in February 2027, for purchases completing from April 2027.
Save your deposit
Put down as little as 2.5% of the purchase price.
Add a government equity loan
A 20% loan, interest-free for the first five years.
Move in with a smaller mortgage
Your mortgage covers the remaining 77.5%.
Why Choose Your First Home
A Smaller Deposit
Buy with a 2.5% to 15% deposit.
Lower Mortgage Borrowing
The equity loan reduces how much mortgage you need to borrow and therefore the monthly repayments.
Interest-Free for Five Years
No interest on the equity loan for the first five years.
It's Your Home
You own your home from day one. The government isn't a joint owner or landlord.
A Brand New Home
The scheme is for new-builds only, so you get a home that's never been lived in.
Is Your First Home Right for You?
We recommend seeking independent financial and legal advice. Further information is available on the following link to the Government website.
Ready to make your move?
Contact us today to find out more about how Your First Home could help you buy your first home with Halsbury.