First Time Buyers Uk — Government

: A savings account for those aged 18–39. The government adds a 25% bonus to your savings, up to a maximum of £1,000 per year.

: Household income must be below £80,000 (£90,000 in London).

: Property must cost no more than £250,000 after the discount (£420,000 in London). first time buyers uk government

In England and Northern Ireland, first-time buyers benefit from lower thresholds compared to standard movers: First Homes scheme: first-time buyer's guide - GOV.UK

: Offers local first-time buyers and key workers new-build homes at a 30% to 50% discount off market value. : A savings account for those aged 18–39

: Allows you to buy a share of a property (between 10% and 75%) and pay rent on the remaining portion to a housing association. You can "staircase" to buy more shares over time. Regional Variations

: The Help to Buy – Wales equity loan remains available for eligible new-build homes. Stamp Duty Relief (2026) : Property must cost no more than £250,000

: Now a permanent fixture as of July 2025, this scheme encourages lenders to offer 95% mortgages , meaning you only need a 5% deposit.