28/05/2026
THE FIRST HOME FUND IS BACK 😁👍
The First Homes Fund is a shared-equity scheme and will be open to applications from first-time buyers in Scotland purchasing either a new build or existing property with a mortgage. A first-time buyer is anyone who does not own, or has not previously owned, a property in Scotland or anywhere else in the world.
The Scottish Government will provide a contribution of up to £10,000 towards a home with a property value of up to £300,000. The Scottish Government will have an equity share in the property, although the homeowner will own and have title to the property. There are no monthly payments to be made towards the Scottish Government and no interest will be charged. The Scottish Government’s percentage equity share would normally be repaid when the home is sold.
We will share more information on applying as soon as its available
