Content overview: “Your First Home Scheme: Up to £140K Earnings Limit for First-Time Buyer Loans in England”. The UK government has unveiled the Your First Home scheme, a new initiative designed to help first-time buyers purchase new-build homes in England with government-backed loans. The scheme sets an earnings limit of up to £140,000 for applicants, targeting middle-income earners who may struggle to save for a deposit despite having a steady income. By offering loans on new-build properties, the scheme aims to boost housing supply and support the construction industry while making homeownership more accessible.
This matters because housing affordability remains a critical issue, and the scheme could help thousands of buyers step onto the property ladder sooner. It also signals a shift toward supporting those who earn too much for traditional help but not enough to buy without assistance. The full version stays on the original page, which this listing opens directly.