Budget 2026: \"Your First Home\"

It is to be hoped that Your First Home will provide renewed momentum to the housing market and assist more first-time buyers in taking their first step onto the property ladder.

Several key points merit attention:

• A deposit of 2.5% of the purchase price.
• A government equity loan of up to 20% of the purchase price.
• No interest payable on the equity loan for the first five years.

Will this serve to strengthen buyer appetite and encourage more first-time buyers to enter the market?

Might it give developers the confidence to proceed with future phases and release land banks that prevailing market conditions have held back?

And how swiftly might these proposals translate into tangible activity for everyone to see?

These are valuable questions, and only time will reveal how matters unfold. We would welcome your views. Please do get in touch using the details below.

020 3551 6141

info@luxeresidential.co.uk

#UKHousing #PropertyMarket #FirstTimeBuyers #Developers #Development #Budget2026

Budget 2026: New 'Your First Home' homebuying scheme to launch in England