From 2.5%
The Government expects Your First Home to support deposits from just 2.5% for eligible First Time Buyers.
Your First Home is a new government-backed scheme announced to help more First Time Buyers purchase a new-build home in England. Use the calculator to see what the headline 2.5% deposit and up to 20% equity loan figures could mean for your chosen home.
The Government expects Your First Home to support deposits from just 2.5% for eligible First Time Buyers.
A government-backed equity loan of up to 20% of the purchase price is expected to help bridge the gap.
The scheme is being designed for First Time Buyers purchasing a new-build home from a participating developer in England.
The scheme has been announced specifically to support prospective First Time Buyers into homeownership.
It is expected to apply when purchasing a qualifying new-build property from a developer signed up to the scheme.
A household income cap will apply. The Government has not yet confirmed what that limit will be.
Property price caps will vary locally to target support. The regional limits are still to be announced.
No. The scheme has been announced, but the Government has said full details, costs and implementation timelines will be confirmed at the Budget.
No. First Homes is an existing discounted home ownership scheme. Your First Home is the newly announced government-backed equity loan scheme.
The Government says the scheme is expected to support deposits from 2.5%. Final eligibility, mortgage and lender requirements have not yet been published.
The announced proposal includes a government-backed equity loan of up to 20% of the purchase price. The amount available to an individual buyer will depend on the final scheme rules and their circumstances.
Register your interest and we'll keep you updated as more details are announced and let you know what the scheme could mean for buying a new Duchy home.
Register your details and we'll keep you updated as the Government confirms more information about Your First Home and which Duchy homes may qualify.
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Your First Home has been announced by the UK Government but the full scheme rules, eligibility criteria and implementation timetable have not yet been confirmed. Information shown is based on details published by the Government on 26 September 2026 and may change. Examples shown are illustrative only and do not constitute financial advice or a mortgage illustration. Mortgage lending and scheme eligibility will be subject to individual circumstances, lender criteria and the final Government rules.
