Rightmove says “Your First Home” scheme could cut first-time buyer deposit to 2.5% on new-builds

Bitget2026/09/29 13:37

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Rightmove analysis flagged a proposed “Your First Home” scheme targeting first-time buyers of new-build homes in England.
Outline points to a 2.5% minimum deposit, a 20% government-backed equity loan, and an initial interest-free period.
On a typical first-time buyer asking price of £225,199, a 2.5% deposit equates to about £5,630.
Rightmove noted mortgage rates remain elevated, with the average 2-year fixed rate at 5.49% versus 4.53% a year earlier.
Key decision variables remain unresolved, including income caps, local price caps, lender participation, scheme timelines, and post-free-period equity-loan costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rightmove plc published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Rightmove says “Your First Home” scheme could cut first-time buyer deposit to 2.5% on new-builds

You may also like

Crypto prices