First Homes is a government-backed affordable housing scheme designed to help more first-time buyers onto the property ladder.
If you’re a first-time buyer, it means you may be able to buy a home for 30% to 50% less than its market value.
The scheme will become an increasingly significant part of affordable housing developments and going forward, 25% of affordable housing built on development sites will be First Homes.
More about First Homes
First Homes is a scheme where properties are sold to first‑time buyers at a minimum 30% discount from the full market value.
The discount stays with the property, so every future buyer will also get the same discount. The discount is protected by a legal agreement linked to the property. A title restriction also means the home can only be sold with our (the council's) approval.
The maximum price of a First Home on its initial sale, after the discount has been applied, will be £250,000.
For further information on the scheme, visit the government website below.
You'll find details on:
- how the scheme works
- who is eligible
- how to apply
- completing the purchase
- selling the property
Selling and lettings
If as a First Homes property owner you wish to sell your home or let it out for more than two years, you must first let us know.
Further information
Our First Homes policy sets out our role and responsibilities during the initial sale, resale and lettings period of properties in the district.
Our privacy notice explains how we collect, use, share and protect your personal data.
- First-Homes-Privacy-Notice (opens in new tab)pdf file[112KB]
Keep Me Posted
Sign up for email updates on council services.
Keep Me Posted