First Time Buyers Uk Government Apr 2026

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

: 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 Low-cost Initiative for First Time Buyers (LIFT) provides a shared equity contribution of 10–40% toward the property price. first time buyers uk government

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

: The Help to Buy – Wales equity loan remains available for eligible new-build homes. Stamp Duty Relief (2026) : Household income must be below £80,000 (£90,000

: Offers local first-time buyers and key workers new-build homes at a 30% to 50% discount off market value.

: Must be used for a first home costing £450,000 or less and held for at least 12 months. Regional Variations : The Low-cost Initiative for First

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