The UK Government's First Homes Scheme Explained
A government scheme giving first-time buyers a minimum 30% discount off a new-build home — and that discount stays forever .
First-time buyer only ✅ Income under £80,000 ✅ Mortgage for at least 50% of price ✅ New-build from a registered developer
Average Manchester new-build: £280,000 With 30% off → you pay £196,000 You save £84,000 instantly
– Check eligibility – Find a Manchester developer – Apply via developer – Get your mortgage – Complete at discounted price
📍 Salford — great transport links 📍 Trafford — family-friendly 📍 Stockport — up & coming 📍 Bury & Bolton — most new builds 📍 Oldham — lowest price points
🏥 NHS staff 👮 Police & fire service 🎓 Teachers 🪖 Armed forces veterans (Priority in first 3 months of listing)
💡 Smaller deposit — mortgage on discounted price only 💡 Most high-street lenders accepted 💡 Combine with Lifetime ISA for extra savings
The discount stays with the property. You sell at 30% below market value — but you still profit as prices rise.
The discount stays with the property. You sell at 30% below market value — but you still profit as prices rise.
❓ Can I rent it out? No — must be your main home ❓ Do I own 100%? Yes — unlike shared ownership ❓ How long does it take? 8–16 weeks ❓ Is Salford included? Yes
Check eligibility, browse listings & speak to an expert. 👉 firsthomesscheme.com