With First Homes Fund you could get on the property ladder in Scotland with a 5% deposit
Available on selected plots only, eligibility criteria apply*.
How First Homes Fund works
Thanks to First Homes Fund, first-time buyers in Scotland could receive a loan of up to £10,000 towards their home. This loan can be repaid on the sale of your home, or you can increase your share in your home while you own it.
So you could buy your first home that’s worth up to £300,000 with a 5% deposit and a minimum 25% mortgage.
Speak to one of our knowledgeable Sales Advisers, they can introduce you to a New Homes Mortgage Adviser.
So you could buy your first home that’s worth up to £300,000 with a 5% deposit and a minimum 25% mortgage.
Speak to one of our knowledgeable Sales Advisers, they can introduce you to a New Homes Mortgage Adviser.
Eligibility criteria
You must be a first-time buyer if you’re buying on your own. If you’re buying with someone else, at least one applicant has to be a first-time buyer.
The property purchased using First Homes Fund must be your only/main residence in Scotland.
You need to have a capital repayment mortgage of at least 25% of the purchase price.
Further information on First Homes Fund is available from the Scottish Government.
The property purchased using First Homes Fund must be your only/main residence in Scotland.
You need to have a capital repayment mortgage of at least 25% of the purchase price.
Further information on First Homes Fund is available from the Scottish Government.
