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What other conditions apply?

Information on what other conditions apply.

Business meeting
  • If you sell your property within 3 years you will have to pay back the grant (minus the stamp duty). A charge will be placed for this amount on your property for 3 years.
  • The home you buy must be your principal residence and cannot be sublet.
  • Grant will be offered on a first-come first-served basis.
  • An offer must not be put on a property until we have confirmed in writing that you have been accepted onto the scheme and successfully approved.

Read the First Time Buyers terms and conditions [7kb] »