Affordable home ownership schemes
You may be able to get financial help from the government to buy a home.
You could get:
- a home for less than its market value if you’re a first time buyer (in England)
- a home through shared ownership (UK wide)
- lower rent payments to help save for a deposit if you’re a tenant (in England)
- a loan to help with the cost of building a home or hiring someone to build one (in England, Scotland and Wales)
- a loan to help with the cost of a new-build home if you’re a first-time buyer (in Wales)
You can no longer open a Help to Buy ISA. You can still open a Lifetime ISA to save for a first home.
Buying your council or housing association property
There are also schemes for council tenants and housing association tenants.