London mayor provides boost for first time buyers
London mayor Boris Johnson has announced a boost for first time buyers with the expansion of the First Steps programme and thousands of new affordable homes. Most Londoners aspire to eventually owning their own home - yet without access to the 'Bank of Mum and Dad' it isn’t easy to make that aspiration a reality.
The First Steps scheme enables many more Londoners to become homeowners and it isn’t just aimed at key workers but any household earning less than £60,000 a year: families, couples, social tenants, private tenants or those living with their relatives or friends.
If you’re a council or housing association tenant, you’ll be given first priority in allocations of homes available through First Steps Buy or First Steps Rent. Homes available through First Steps come with the assurance that you will be getting expert help from when you fill in your First Steps application form, to moving in and beyond. All customers applying for affordable home ownership or intermediate rent homes must meet the general eligibility criteria.
Start searching for your new home on SmartNewHomes today.