Our First Homes mortgage is available to those looking to take advantage of the Government’s First Homes Scheme (Section 106), which provides discounted homes to eligible first-time buyers and key workers who otherwise wouldn’t be able to afford one. We’re always happy to discuss a case with you.
Last updated 2 August 2022.
- Product specifically designed for First Homes Scheme England
- 95% LTV of the discounted market price
- Minimum income £17,500 per application
- Maximum income £80,000 or £90,000 for London
- Minimum property value £100,000
- Maximum property value of £357,000 or £600,000 for London
- Maximum price after discount of £250,000 or £420,000 for London
Featured product 3.49 %
- FXT842 fixed to 30/11/24
- Purchase only
- Follow-on rate of 3.99% (variable) to 30/11/27 before reverting to SVR
- 75% LTV (up to 95% of the discounted market price)
- No booking or arrangement fee