First time buyers

This scheme allows you to part-own, part-rent when you first buy your home. You can buy the remaining shares in your home as time goes on until you own 100% of the property.

• The schemes are run by non-profit housing associations which own, let and manage rental housing
• You need a minimum 10% deposit for the share of the home you’re buying with a mortgage
• You pay a subsidised rent to the housing association for the part you rent.

To find out if you’re eligible for a Shared Ownership scheme take a look at the government’s information pages

This scheme combines a mortgage with an equity loan and allows you to buy a brand new home in England.

• You need a minimum 5% deposit and the government lends you up to 20% of the cost of your newly built home, or up to 40% if you’re buying in London
• The equity loan is interest-free for 5 years after which you start being charged interest
• These mortgages are not available in branch, by phone or online, so you’ll need to speak to an Independent Financial Adviser.

Find out more

This is a Ministry of Defence (MOD) scheme to help regular armed forces personnel buy their first home.

• The scheme lets you borrow up to 50% of your annual salary, up to a maximum of £25,000, to use towards the deposit on your first home
• The loan is interest-free and must be paid back to the MOD within 10 years through your salary
• You will need to check with the MOD to see if you qualify for this scheme
• This scheme is only available in Santander branches or over the phone. 

Find out more about Forces Help to Buy

If you have a Help to Buy: ISA, you can continue to save into your account until 30 November 2029. If you want to claim the 25% government bonus on your savings your conveyancer must do this by 1 December 2030 (eligibility applies). To check eligibility for the government bonus, visit the Help to Buy government website. The scheme has now closed to new applicants.