New build incentives to help home buyers

Dreaming about making a move but in need of some assistance? We have a fantastic range of incentives available to turn your 'one day' dreams into 'right now' reality! 

What are new build home incentives?

New build incentives are offered by home builders and the government to encourage you to buy new. In this guide, we'll talk you through some of our new build incentives and explain how they can help you purchase your next home.

Deposit Paid

With Deposit Paid, we'll pay 5% of the purchase price as your deposit, contributing towards whatever you have saved, making it easier for you to get on or move up the property ladder. This contribution is paid directly to your solicitor upon completion. It will also need to be declared to your mortgage provider if you have one.

Part Exchange

When you part exchange your home with Miller Homes, you're essentially trading your current house for a new one on one of our new build developments. If we’re both happy with the price, that’s what we’ll pay you for your current home when you trade it in. If you want to move quickly, Part Exchange can be a great option, provided your existing home meets our qualifying criteria.

Assisted Move

Our Assisted Move scheme is also designed to make your house moving experience as effortless as possible by facilitating the sale of your existing property in a cost-effective and hassle-free manner. As part of this scheme, we shoulder a significant portion of the burdens and costs traditionally associated with selling a property, including a free ‘open market’ valuation of your current property, advertising costs and estate agents fees.

 

Deposit Match

This incentive allows you to potentially double your deposit. When you save 5% of your desired property value as a deposit, we can match it to bring your total deposit up to 10% on selected properties. Deposit Match could be a great option for first-time buyers looking to take their first step on the property ladder. 

Government new build incentives

Lifetime ISAs

Lifetime ISAs were introduced to help people save for their first home. With this ISA, you can put a maximum of £4,000 into the account each tax year and the government will top up your savings by 25% to a maximum of £1,000 per year. Perfect for saving and topping up the deposit for your dream home. You must be aged 18–39 to open one. You can contribute up to £4,000 per tax year until age 50.

First Homes Scheme

This Government scheme (England only) could help first-time buyers and key workers own homes in the area in which they live and work. A first-time buyer in England could buy a brand-new home with a minimum 30% discount against the market value of the property.

To be eligible, you must be a first-time buyer who does not or has not previously owned a property. If you are purchasing your home with someone else, you must both be first-time buyers with a combined annual income not exceeding £80,000 or £90,000 in Greater London.

Your first home must also have a purchase price of no higher than £250,000 (£420,000 in Greater London) after the discount has been applied. Learn more about the scheme here.

Explore our homes and developments across the UK and start your new home adventure today.