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What you need to know about Your First Home scheme for first-time buyers
Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladder Budget 2026: key points at a glance Income tax: How much more will you pay? Nils Pratley: Labour’s modest reheat of help to buy is worth a try A new £4.7bn government scheme will help 70,000 households on to the property ladder and save first-time buyers “hundreds of pounds a month”, the chancellor, John Healey, said on Wednesday. Last month, Andy Burnham announced Your First Home , which aims to give a helping hand to first-time buyers in England who do not have access to the “bank