What is the Starter Homes Initiative?

The Starter Homes Initiative is a new Government scheme which aims to help young first-time buyers get onto the property ladder.
Under the scheme, buyers aged under 40 years will be able to purchase a home of their own with a minimum 20% discount from the market price.

Is it available now?

First-time buyers can register to receive more information and updates about the scheme as it becomes available.

Want to get moving now?

If you’re a buyer who wants to get onto the property ladder now or in the near future, then there is no need to delay to wait for the Starter Homes Initiative to be introduced – as the government’s Help to Buy scheme can help you get moving.

Help to Buy is now a well-established and successful scheme which enables purchasers to secure a new home with just a 5% deposit.

How does Help to Buy* work?

  • You'll need a minimum 5% deposit to qualify
  • The Government will lend you up to 20% of the value of your property through an equity loan, which can be repaid at any time within 25 years or on the sale of your home, whichever occurs earliest
  • So you'll only need to secure up to a 75% mortgage from a bank or building society
  • The equity loan is interest free for the first five years
  • Help to Buy is available to use on home purchases up to £600,000


*YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. *Terms and conditions apply. Any incentive is subject to using the services of a Fairview approved IFA and panel solicitor/licensed conveyancer. With the Help to Buy scheme you can purchase your new home for just 80% of the full purchase price. A minimum of 5% deposit is required. The outstanding balance is financed through an equity loan funded by the HCA, which is interest free for the first five years. After 5 years, the equity loan will be subject to a fee due to the HCA of 1.75% per annum on the outstanding amount of the equity loan and is paid back as a percentage value of the Open Market Value after 25 years or subsequent resale, whichever occurs earliest. Help to Buy is available on selected, limited properties only. No other incentives are available. An arrangement fee is required by the purchaser.

Help To Buy Calculator

Register for updates