First Homes Fund - Boost your deposit and get on the property ladder
Buying your first home in Scotland could soon become more achievable, thanks to the return of the Scottish Government’s First Homes Fund.
Designed to support first-time buyers, this scheme offers an equity contribution of up to £10,000 towards your deposit, helping reduce the upfront cost of getting onto the property ladder.
Even more support with St. Modwen Homes
Boost your deposit further if you purchase a new build home - Combine the £10,000 Government support with up to a 5% contribution from St. Modwen Homes to help strengthen your buying position.
No monthly repayments to the Government - There are no monthly payments and no interest charged on the Government’s contribution.
Shared equity, not a traditional loan - The Government takes a small equity share in your property, which is typically repaid when you sell.
Designed for first-time buyers - The scheme helps tackle one of the biggest home owning hurdles – saving for a deposit.
Register your interest today
If you’re thinking about buying your first home, now is the ideal time to get prepared.
By registering your interest with St. Modwen Homes, you could benefit from a free consultation with an independent mortgage advisor to get you started. It’s one of the little ways we try to help.
Calculate your Stamp Duty
Use the St. Modwen Homes calculator to work out how much Stamp Duty/LBTT you'll pay.
Mortgage Calculator
Our easy-to-use, free online mortgage calculator is perfect for anyone who is interested to find out how much their monthly mortgage repayments might be. It should help you to work out your options when it comes to buying a new home, giving you an idea of what you can realistically afford.