Details.
A government programme aimed at first time buyers, allowing you to buy a home for 30% to 50% less than its market value. The home cannot cost more than £250,000, or £420,000 in London, after the discount. You must be a first time buyer, be able to get a mortgage for at least half of the property's price, have a total household income of no more than £80,000 before tax, or £90,000 before tax if the property is in London, and provide a deposit of at least 5% of the discounted price. Some councils may prioritise local residents, key workers and people on lower incomes.
