First Homes

What is the First Homes Scheme?

The First Homes Scheme* is an exciting initiative introduced by the UK Government to make home ownership more accessible to first-time buyers and key workers in England. This transformative scheme is designed to assist people to settle into the communities they serve and love by offering a discount on the market value of selected properties.

With First Homes, you can secure a brand new Miller home at a minimum of 30% off its market value, making your first step onto the property ladder much more affordable. The scheme aims to ease the burden of property prices in England and promote social mobility, opening doors to the dream of homeownership for those who would otherwise struggle to buy within their local community.

How to Apply for First Homes Scheme

Applying for the First Homes Scheme* is an easy process designed to be as straightforward as possible. To begin, you'll need to confirm your eligibility for the scheme, which includes being a first-time homebuyer and meeting certain income criteria. Once confirmed, our Development Sales Managers at Miller Homes will guide you through every step.

From selecting one of our First Home plots on specific developments to connecting you with our recommended independent financial advisers, we are here to support you throughout your homeownership journey. To kickstart the process, reach out to our dedicated team who will assist you in understanding the scheme's terms, navigate the application, and take you one step closer to owning your very own new build property. 

Is the First Home Scheme Worth It?

Absolutely! The First Homes Scheme* presents an incredible opportunity for first-time buyers and key workers (in certain local authorities) to not just own a home, but a beautiful, quality-built Miller home. Imagine owning a home at a significant discount, with the cost of your dream property reduced by a minimum of 30%.

This scheme makes homeownership a realistic and attainable goal. For many, the hurdle of saving for a large deposit and securing a mortgage based on high market values can feel daunting. With First Homes, that hurdle is significantly reduced. You can secure your new home with a smaller deposit and lower mortgage borrowing, making your monthly repayments more manageable.

Who is Eligible for the First Homes Scheme?

The First Homes Scheme* is designed for first-time buyers who haven't previously owned a property. If you're purchasing your home with someone else, both of you must be first-time buyers.

In addition to being a first-time buyer, you'll need to meet specific income criteria. Your combined annual household income should not exceed £80,000 (£90,000 in Greater London). The property you choose must be your main residence, and not a buy-to-let investment.

A purchaser of a First Home should have a mortgage or home purchase plan (if required to comply with Islamic law) to fund a minimum of 50% of the discounted purchase price

Please also note, each local authority will have its own eligibility criteria.

So, if you fit into these categories, your dream of owning a home could be closer than you think. Get in touch with the team at Miller Homes today to start your homeownership journey today.