FirstBuy Direct is a shared equity loan scheme designed to help first-time buyers and boost the construction industry.

Under FirstBuy, the Government and selected housebuilders jointly provide borrowers with equity loans of up to 20% of the price of a new-build home, so that eligible purchasers only need to find a 5% deposit to qualify for a 75% loan-to-value (LTV) mortgage.

FirstBuy is only available in England and lenders including Halifax, Barclays, NatWest and Nationwide are among those offering FirstBuy products on the market.

Click here for more details.

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Shared equity

Not to be confused with 'shared ownership', with a 'shared equity' scheme the Government provides the borrower with an 'equity loan'.


Shared ownership

Shared ownership schemes allow people to buy a portion of a property from a housing association and to pay rent on the remaining portion.


FirstBuy Direct

In June 2011, the Government launched FirstBuy Direct, a shared equity loan scheme designed to assist first-time buyers and boost the construction industry.


Buying a new-build home

Buying a newly-built home can have distinct advantages – not least when it comes to getting the finance.

Internet is consumers' first port of call for mortgage advice

Consumers are increasingly turning to the internet to research mortgage products, according to Legal & General's mortgage mood survey.

Houses of Parliament

Government schemes

There are a number of Government schemes in place to help first-time buyers, key workers and other lower earners onto the property ladder.


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Before you start looking for a specific property, it makes sense to choose a defined area and check it out.


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