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First Home Fund

First Home Fund - £25,000 Towards the Purchase of A New Home

The Scottish Government’s First Home Fund is a shared equity scheme that helps first-time home buyers purchase a property that meets their needs and is located in the area they want to live.

The scheme will provide you with up to £25,000 towards the purchase of a home and can be used for both new build and existing properties.

As this is a shared equity scheme, both you and the Scottish Government will hold an equity share in the property under a shared equity agreement.

The scheme is currently open for applications until 31 March 2021 and will provide £150 million of funding to first-time buyers.

For more information click on the link below:

Shared Ownership/Equity