First Homes Scheme London Developers List

📍 Discover how developers in London

What is the First Homes Scheme?

– A UK government initiative

– Offers new-build homes at 30–   50% discount

– Aimed at first-time buyers & key worker

📍 Why London Developers Matter

– Developers must allocate at least 25% of new homes to the scheme💷

– Big role in solving housing crisis

– Ensures affordable housing in London

Eligibility for Buyers

✔ First-time buyer

✔ Local connection or key worker priority

✔ Household income ≤ £80,000 (£90,000 in London)

London Developers Offering Homes

🏠 Berkeley Group

🏠 Barratt London

🏠 Persimmon Homes

🏠 Taylor Wimpey

(leading developers participating in the scheme)

Benefits for Buyers

– Save up to 50% on property price

– Mortgage-friendly & resale rules for affordability

– Chance to own in prime London area

🎯 Challenges Developers Face

⚠ Balancing affordable & market housing

⚠ High London land costs

⚠ Meeting local council requirement

🎯 How to Apply with Developers

1️⃣ Check eligible developers/projects

2️⃣ Confirm local authority approval

 Apply through developer’s sales team

👉 Always verify with your council before buying