No. The government has announced the proposed scheme, but its full terms and launch timetable have not yet been confirmed. Further details are expected at the Autumn Budget on 28 October 2026.
Your First Home Scheme
A new scheme for first-time buyers
Your First Home
Buying your first home is a big step, and it’s natural to wonder what help might be available. The government has announced Your First Home, a new scheme expected to help eligible first-time buyers purchase a new-build home with a deposit of just 2.5%.
The full details have not yet been confirmed. We’re following the announcement closely and will update this page as we learn more.
If you’re already thinking about buying, you may not need to wait. Tilia Homes currently offers support on selected homes, including help towards your deposit.
What is the Your First Home scheme?
Your First Home is a proposed government-backed equity loan scheme intended to make buying a first home more accessible.
Based on the government’s announcement, it is expected to bring together:
- A deposit of at least 2.5% from the buyer
- A 20% government-backed equity loan
- A mortgage for the remaining amount
- An initial interest-free period on the equity loan
The scheme is expected to be available in England to eligible first-time buyers purchasing a qualifying new-build home from a developer signed up to the scheme.
Household income limits and local property price caps will apply, although these have not yet been confirmed.
What could Your First Home look like?
If you bought a new-build home for £250,000, the purchase could potentially be funded with:
- A 2.5% buyer deposit of £6,250
- A 20% government-backed equity loan of £50,000
- A mortgage for the remaining 77.5% of £193,750
This is an illustration based on the initial government announcement. It does not include legal fees, mortgage fees, moving costs or other expenses associated with buying a home.
What is still to be confirmed?
The full details for Your First Home are expected to be announced at the Autumn Budget on 28 October 2026.
We’re waiting for more information about:
- The household income limit
- Local property price caps
- Detailed eligibility requirements
- How long the interest-free period will last
- Any interest, fees or charges payable after that period
- How and when the equity loan will need to be repaid
- The application and approval process
- Which developers and new-build homes will participate
- When the scheme will become available
Tilia Homes’ participation in Your First Home has not yet been confirmed. We’ll update this page when the government publishes the full details and we know whether eligible Tilia homes can be offered through the scheme.
Your First Home scheme: frequently asked questions
Is the Your First Home scheme available now?
The government has said the scheme is expected to support eligible buyers purchasing with a deposit of at least 2.5%. The final requirements have not yet been published.
An equity loan allows the government to contribute part of the price of your home. Your First Home is expected to provide an equity loan equal to 20% of the purchase price.
The repayment arrangements, the length of the interest-free period and any subsequent interest or charges have not yet been confirmed.
Who will be eligible for Your First Home?
The scheme is expected to be available to eligible first-time buyers purchasing qualifying new-build homes in England. A household income limit and local property price caps will apply, but the figures and detailed eligibility rules are still to be announced.
Will I be able to use Your First Home to buy a Tilia home?
Tilia Homes’ participation has not yet been confirmed. We’ll update this page once the full government requirements have been published and we know whether particular Tilia homes will be eligible.
Can I combine Your First Home with Deposit Contribution?
This has not yet been confirmed. It will depend on the final government rules and the requirements of participating mortgage lenders.
Tilia Homes Deposit Contribution is currently available on selected homes and cannot be used with another Tilia Homes offer.
Can Hopkins Homes help me buy before the scheme launches?
Potentially. Deposit Contribution and other assistance may be available on selected Tilia homes now. Speak to our Sales Team about your preferred development and they’ll explain the support currently available.
Information about Your First Home is based on the government announcement published on 26 September 2026 and is correct at time of publication.
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