If you’re a first-time buyer, you may be able buy a home for 30% less than its market value. This offer is called First Homes which is a new affordable housing product. The home can be:
- a new home built by a developer
- a home you buy from someone else who originally bought it as part of the scheme
The First Homes scheme is only available in England.
Who is eligible to purchase a First Home?
To be able to purchase a First Home in the East Riding of Yorkshire, you should be:
- over the age of 18
- have a *local connection to the East Riding of Yorkshire
- have a gross household income less than £70,000 per year.
*A local connection means either:
- normally resident in the area of East Riding for at least six out of the last twelve months or three out of the last five years
- by virtue of family association normally meaning that the applicant has parents, grandparents, adult children, grandchildren, a brother or a sister currently living within the East Riding who have been normally resident within the East Riding for at least five years
- secure employment for at least 1 year and a minimum of 20 hours per week.
To verify your local connection, one or more of the following documents may be requested depending on the nature of your connection to the area:
- Rent book
- Tenancy agreement
- Contract of employment
- Landlord references
- Utility bill
- Council Tax bill
- Bank statement
- Driving licence.
Please note: for joint applications, only one applicant needs to meet the local connection requirement.
Developments currently offering First Homes in the area:
Charles Church - Harland Gardens, Cottingham (external website)
Keepmoat - Farmside Green, Leconfield (external website)
Keepmoat, Strawberry Fields (Salkeld Meadows), Bridlington (external website)
Barratt, Queen's Court, Beverley (external website)
You can find our more on the GOV.UK website:
GOV.UK - Customer guide for buying a first home (external website)