Looking to buy your first home? A new Government backed equity loan scheme is on the way, aiming to make getting onto the property ladder more affordable and accessible for first time buyers.
The Government has confirmed that the scheme is expected to launch in early 2027, with the following details announced so far:
Regional price caps: Property price limits will vary depending on the location:
Ash Tree Fold, Ashton-in-Makerfield - £270,000
Cuerden Place, Clayton-le-Woods - £300,000
Pavilion View, Leyland - £265,000
Richmond Point, Lytham St Annes - £275,000
Roseacre Meadows, Lytham St Annes - £275,000
Riverside Place, Carnforth - £285,000
Royal Gardens, Bispham - £235,000
The Green, Ingol, Fulwood - £280,000
Waddicar Rise, Melling - £290,000
Expected launch dates: Reservations are anticipated to open in February 2027, with the first home completions expected from April 2027.
If you’re looking at moving now, you don't have to wait until next year to take your first step onto the property ladder! We already offer a range of ways to help make buying your first home more affordable, from our dedicated First Time Buyer Package to offering 5% deposit contributions. So, why wait? Explore how we could help you find your perfect first home today.
