Your First Home scheme

Your First Home, in Bicester

Are you exploring your first home options but finding it hard to save for a deposit? A new government scheme, announced as part of the Autumn 2026 Budget, could make that first step onto the property ladder more achievable.

Your First Home is a government scheme to help eligible first-time buyers in England purchase a new build home with a smaller deposit and mortgage. Buyers will put down a deposit of at least 2.5%, take a repayment mortgage from a participating lender, and receive a government equity loan worth 20% of the purchase price. You’ll own your home from the day you complete. The government won’t be a joint owner or your landlord.

Graven Hill is in Cherwell, where the scheme’s property price cap is up to £420,000.

At Graven Hill, your first home could offer more than just a place of your own. Our new homes come with integrated appliances, fitted flooring throughout, patio and turf included, alongside energy-efficient features designed for modern living. Plus, with an already-established community, there’s plenty to look forward to on moving day.

Who is the Your First Home Scheme for?

To take advantage of the scheme, buyers will normally need to:

About the Equity Loan

As with any mortgage, you should consider whether you can afford higher rates in future, and take independent financial and legal advice before committing.

Key Dates

Pre-registration with the government won’t commit you to buying, but it will give you more information on your eligibility and your local price cap. Register your interest for us above and we’ll keep you updated on what it means for buying at Graven Hill.

What Help is Available Right Now?

The scheme isn’t expected to complete its first sales until April 2027, but there’s no need to wait. Ready-to-move-into homes are available today, with support towards the cost of buying.