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Receive updates on this Bellway development

Get more information and updates from Bellway Homes regarding this development via:

Other nearby developments

Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.

Calculate your affordability

We’ve teamed up with one of the UK’s leading new homes mortgage specialists, New Homes Mortgage Helpline, to help find the right mortgage product for you.

Please note, by ticking the checkbox below you consent to Bellway sharing your data with New Homes Mortgage Helpline (a trading name of The New Homes Group Limited) who will contact you to offer unbiased, reliable and professional advice on mortgages available from a wide variety of lenders. Bellway will receive a commission of £350 when you complete on a mortgage arranged by the New Homes Mortgage Helpline through this portal. This commission does not affect mortgage terms and is not charged to homebuyers.

First Homes Fund – Scotland

A shared-equity scheme which gives first-time buyers in Scotland a £10,000 deposit contribution.

i First Homes Fund is only available for first-time buyers on selected developments and plots in Scotland. Speak with our sales advisor for further details.

What is the First Homes Fund?

The First Homes Fund is a new buying scheme opening towards the end of June 2026. It’s exclusively for those buying their first home in Scotland – a helping hand to get your trainers on the ladder.

The shared-equity scheme gives those buying their first home up to a £10,000 contribution towards their deposit, on a home valued up to £300,000. This home can be either a new-build or second-hand home, as long as you buy with a mortgage.

Developments taking part

This scheme is only available with us on selected developments and selected plots. Eligible homes:

Scotland East

Scotland West

How does the First Homes Fund work?

With the First Homes Fund, first-time buyers can apply for an interest-free contribution of up to £10,000 to go towards a property worth up to £300,000.

It’s time to escape the rent race

This is a shared-equity scheme, with the government taking an equity share in the home. You’ll own 100% of your home, though.

For more information, visit the official government website or read more here.

Who is eligible for the First Homes Fund?

Any first-time buyer buying a home in Scotland, to use as their only home, can use this scheme.

First-time buyers, this one’s for you.

Buyers can use it for both new-builds and second-hand properties.

First Homes Fund FAQs

What happens if I sell a home bought with the First Homes Fund?

The government will take a share of the profits when you sell your home, in proportion to its equity stake. There’ll be no monthly repayments to the government or interest charges to worry about..

How much of a contribution can I get with the First Homes Fund?

You can receive up to £10,000 with the First Homes Fund, to go towards your deposit on a home worth up to £300,000.

How much information is already available on the scheme?

This is a new scheme launching at the end of June 2026, with more information about it coming soon.

Is the First Homes Fund interest free for the buyer?

Yes, there’s no interest to pay.

Will I own 100% of my home with the First Homes Fund?

Yes, you will own 100% of your home. The government holds an equity stake in the property, which means they get paid back a percentage amount when the property is sold.

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