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We have created some helpful guides to ensure that buying your new Tilia home is as simple as possible.

With more than 70 years’ experience, Tilia Homes proudly builds quality new-build homes and communities across the country.

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What initiatives are available to first-time buyers?

We can assist first-time buyers in making their dream of owning a home come true. Read about all the different ways we can support you in this handy guide.

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Guide for first time buyers

What financial initiatives are available to first-time buyers?

This guide explains the support and available financial initiatives for first time buyers, including:

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1. Shared Ownership

Shared Ownership allows you to buy a share of a property and pay rent on the rest. This is especially useful for first-time buyers.

Buyers are able purchase a portion of their home's market value, ranging from 25% to 75%, then pay subsidised rent on the remaining share. You’ll also only need a deposit of at least 5% of the share you intend to buy.

Take advantage of our Shared Ownership initiatives through our partnership with Sage Homes and Heylo which offer part-buy-part-rent opportunities through their Home Stepper and Home Reach schemes, respectively. For more information about our shared ownership schemes or to make an enquiry, please do not hesitate to get in touch.

2. First-time Buyer Mortgages

Getting a mortgage is one of the most important parts of the home buying process. Many lenders offer mortgages for first-time buyers that are designed to meet your specific needs, including fixed-rate mortgages, standard variable rates and tracker mortgages.

If you’re looking to buy your first home, why not use our Mortgage Calculator to find out how much you can afford. You can also read our detailed guide on first-time buyer mortgages for additional insights.

  • Standard variable rate: Standard variable rate mortgages have rates that change based on the market and provider decisions.
  • Home Ownership for People with Long-Term Disabilities (HOLD): The Home Ownership for People with Long-Term Disabilities (HOLD) can help people with long-term disabilities in England buy a shared ownership home. Check the Government website for eligibility criteria and shared ownership providers offering this option.

3. Extra Support from Tilia Homes

In addition to financial initiatives and schemes, our sales team are committed to providing extra support to first-time buyers. If you have any questions about the home buying process or have any enquiries regarding our Shared Ownership properties, you can find our contact information here.

You can also check out our other first time buyer guides here.