£150m Fund for House Builders for New Homes

The Expressions of Interest date is fast approaching for the £150m fund for house builders for new homes for first time buyers and key workers.

£150m Fund for House Builders for New Homes

The First Homes Scheme is designed to help new home-owners onto the housing ladder.

House builders are expected to deliver 1,500 properties by 23 March 2023, which can be sold at 30% below market value.

The £150m funding scheme will help house builders to meet this target by meeting some of their costs. It will give them the opportunity to engage with local councils and mortgage providers. Understand the expected level of customer demand. And learn more about the delivery process ahead of the full roll out through planning.

Expressions of interest should be submitted by 12pm on the 13th September 2021.

More information and how to apply here

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