Government Schemes to Help First-Time Buyers Get on the Property Ladder (2025 Update)

Buying your first home in 2025? The UK government continues to offer several schemes to make homeownership more affordable.

1. First Homes Scheme

• Discount: 30-50% off new-build homes.
• Who qualifies? First-time buyers earning under £80,000 (£90,000 in London).

2. Mortgage Guarantee Scheme

• Allows 95% mortgages – only a 5% deposit needed.
• Ends in December 2025 (subject to extension).

3. Shared Ownership Scheme

• Buy 25-75% of a home, rent the rest.
• Option to buy more shares over time.

4. Lifetime ISA (LISA)

• Get a 25% government bonus on savings up to £4,000 per year.
• Can be used towards a first home deposit.

💡 Tip: Research these schemes early to boost your chances of homeownership in 2025!