27/10/2026
Autumn Budget 2026: What could it mean for first-time buyers?
With the Autumn Budget taking place on 28 October 2026, housing is expected to be firmly in the spotlight.
One of the most anticipated announcements is the proposed "Your First Home" scheme, a government-backed initiative designed to help first-time buyers purchase new-build homes with as little as a 2.5% deposit and access to a potential 20% equity loan.
If introduced as expected, the scheme could:
- Reduce deposit barriers for aspiring homeowners
- Lower mortgage borrowing requirements
- Help buyers access the property ladder sooner
- Provide additional support during the early years of homeownership
The Budget may also bring wider benefits for those considering shared ownership, with increased investment in affordable housing and further support for first-time buyers potentially strengthening this important route to homeownership.
For anyone hoping to buy their first home, now is the time to keep a close eye on developments.
Read our latest article to learn more about what these changes could mean and how they may affect the property market.
https://www.lawcomm.co.uk/blog-posts/autumn-budget-2026-what-changes-mean
The biggest housing announcement ahead of the Budget is the introduction of the Your First Home scheme, a government-backed equity loan programme designed to help first-time buyers purchase new-build homes. According to information released by the Government, buyers may only need a 2.5% deposit, wit...
