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Your First Home

 

The government has announced Your First Home, a new equity loan scheme designed to help first-time buyers take their first step onto the property ladder in England.

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What is the Your First Home scheme?

Through the Your First Home scheme, eligible first-time buyers could purchase a new Bovis home with a deposit of just 2.5%. This will be complemented by a government equity loan of up to 20%, which will initially be interest-free to help make buying a home more affordable.

For example, if you were purchasing a new Bovis home for £300,000, you could contribute a deposit of £7,500 and access an equity loan of up to £60,000.

Further information, including costs, eligibility and timelines, is set to be confirmed by the Chancellor in the Budget on 28 October 2026.

Registration will be available shortly. Register your interest to be among the first to hear about Bovis homes that will be available through the Your First Home scheme when it officially launches.

 

Frequently asked questions about Your First Home

When will the Your First Home scheme be available?

A launch date is yet to be confirmed, more details are set to be released by the government in the budget at the end of October.

Who can use the Your First Home scheme?

The scheme will only be available to use for first-time buyers. There may also be other eligiblity criteria, such as a household income cap or a cap on the price of the property. Further details will be confirmed when available.

What homes will Your First Home be available on?

Your First Home is only available on new build homes, the scheme does not apply to existing housing. We'll provide more detail on which homes and developments the scheme will be available on shortly.

 

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Deposit Unlock means that whether you're looking to make your first or next move, a dream Linden Home could be yours with just a 5% deposit.

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References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.

All images, videos and virtual tours are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.

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