@shads.invests: The government has announced “Your First Home”, a new scheme letting first-time buyers in England buy a new-build with just a 2.5% deposit. 🏠 Here’s how it works: You put down 2.5% The government lends 20% (interest-free at first) Your mortgage covers the rest The catch? It’s new-builds only, there will be income and price caps, and the last scheme like this saw buyers pay over 10% more for new builds. Full details are confirmed at next month’s Budget, so I’ll break it all down when they land. Would you use this scheme? Let me know below Save this for later and follow @shads.invests for more money breakdowns. This is for education only and isn’t financial advice. Details are based on the announcement and may change at the Budget. #firsttimebuyer #yourfirsthome #ukproperty #housingnews #moneytok