30% discount on your brand-new home with First Home Scheme…
With the First Homes scheme, you could step onto the property ladder in a brand new home
First Homes is an exciting new Government scheme aimed to help local people, first-time buyers, to buy their first home at a discount of at least 30% of the market price.
The discounts will apply to the homes forever (save for some limited circumstances), meaning that generations of new buyers and the local community will continue to benefit every time the property is sold.
Who is eligible to take advantage of the First Homes scheme?
- Purchasers of First Homes must be first-time buyers and must have a household income not exceeding £80,000.
- Post-discount price caps on first sale of the property of £250,000 at The Paddock (available on selected homes at The Paddock).
- A First Home should be the buyer’s only home and a purchaser will need to use a mortgage or home purchase plan for at least 50% of the purchase price of the home.
- You or your partner are currently living in Arun District and have lived in the Arun District permanently for at least 3 years immediately prior to the application date; or are currently living in the Arun District and have lived permanently in the Arun District for 5 years out of the last 10 years; or
- You or your partner need to be in the Arun District to give or receive regular daily support from or for a close relative (parents, adult children, brother and/or sister). This support must be required on an ongoing long-term basis and cannot be provided by other family members or available support agencies. The family member must be permanently resident in Around District and have lived here permanently for at least 10 years immediately prior to the application date.
Speak to a member of the development Sales Team for more information.