First Homes scheme, affordable new homes for you

With the Government’s First Homes scheme, you could step onto the property ladder in a premium new Redrow home and pay at least 30% less than the market price.

 

All you’d expect from Redrow. Except the market price

 

Just because it’s the first home you own, you shouldn’t have to compromise. It should be in a great location, surrounded by green open spaces, and be characterful with modern, open-plan living areas. Like one of ours. With the First Homes scheme, it could be even more affordable.

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Find your nearest Redrow development

To find out if you’re eligible, speak to a Sales Expert at your local development.

Row of first homes
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Are you eligible for the First Homes Scheme?

 

To qualify, you have to meet certain criteria, including the below:

  • You must be a first-time buyer.
  • Your household income should not exceed £80K (£90K in London).
  • After the discount, the home must cost less than £250K (£420K in London).
  • You’ll need a mortgage for at least 50% of the purchase price.

Some councils may give priority to essential workers or to those people already living in the local area. The relevant local authority defines the eligibility criteria.

Please be aware, this scheme is only available on selected developments, so speak to a Sales Expert at your local development to find out if they’re offering First Homes.

Not eligible? Explore some of the other ways we could help you move like Deposit Boost.

How does the First Homes scheme work?

 

This is a Government scheme and the eligibility criteria is determined during the planning stages of a development in discussion with the local authority. As soon as you find a Redrow development that you're interested in that is offering the First Homes scheme, contact one of our Sales Experts to start the process. Your application will then be sent to the local council to check your eligibility.

First Homes logo; Backed by HM Government
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What happens if my application is successful?

 

If your First Homes application is approved, follow these steps:

  1. Hire a conveyancer.
  2. Apply for your mortgage.
  3. Ensure the conveyancer follows local council regulations.
  4. Complete any legal documents that your local council sends you.

Once you've got a mortgage offer and agreed a contract with Redrow, your conveyancer will ask the local council if you can exchange contracts.

The local council will check the conveyancer's request to make sure it's legal and tell you when they've decided.

What happens if I want to sell my home in the future?

 

As the First Homes scheme has been designed to help local first-time buyers and keyworkers onto the property ladder, the discount you received on the property will apply to the home forever. Meaning generations of first-time buyers and the local community will continue to benefit each time the home is sold. 

 

The Buxton

How we’ve helped other first-time buyers

We’ve made it possible for thousands of other customers to buy their first home. But not just any new home. A premium, characterful one. Here are just a few of their reviews.

This was our first time buying a home so it can be quite overwhelming when first looking into it. The team at Woodlands Green have guided us in making the journey as easy as possible and it has been a great experience. The team are easy to talk to, friendly and knowledgeable (There is no such thing as a stupid question for first time buyers!).

Oli - Woodlands Green

Buying with Redrow as a first time buyer was really smooth. The sales team were very informative. The whole team was very helpful. Would recommend Redrow 100%.

Srijana Paudel - Oakdene at The Hoplands

Other ways we could help you move

Discover how buying a new Redrow home could be easier and more affordable with our schemes to help you move.

Family at Redrow Customer Experience Suite

Help to Sell - Assisted Move Scheme

A beautiful new home and an assisted move from a company you can trust. Help to Sell helps you to have a quick and easy move.
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Prime Position

Reserve your Redrow home before its official release for sale with no obligation to proceed if you change your mind.
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Deposit Boost

Do you already have a 5% deposit saved? If so, we could give you an additional 5% of the purchase price of your premium brand-new Redrow home.