Why first-time buyers are in focus

Getting on the property ladder can feel daunting, with rising house prices and the challenge of saving for a deposit. The good news? Recent government initiatives, lender schemes, and market trends are giving first-time buyers a much-needed boost, making it easier to take that first step into homeownership.

Government schemes to support you

• Help to Buy Equity Loan: Borrow a percentage of your property’s value interest-free for the first few years, reducing the mortgage you need upfront.
• Shared Ownership: Buy a share of your home and pay rent on the rest, allowing you to enter the market with a smaller deposit.
• First Homes Scheme: Discounts on new-build properties for eligible first-time buyers in certain areas.

Mortgage incentives and competitive rates

Lenders are increasingly offering competitive rates and flexible options for first-time buyers. Lower interest rates, smaller deposits, and tailored mortgage products can help reduce initial costs and make monthly repayments more manageable. Speak with a mortgage adviser to explore the latest offers and find a product that fits your budget.

Saving smarter for your deposit

• Regular savings plan: Set up a dedicated account and contribute consistently.
• Help from family: A gift or loan from relatives can make a real difference.
• Government schemes: Some regions offer matched savings or bonuses for first-time buyers.

Act quickly, plan carefully

With market conditions and new initiatives evolving, timing is important. Staying informed, speaking to local estate agents, and getting pre-approved for a mortgage can give you an edge in a competitive market.

Ready to take your first step onto the property ladder?

Contact us today for expert advice, tailored guidance, and the latest opportunities for first-time buyers.