First time buyer schemes

Want lower mortgage repayments?

'Help to Buy' is a scheme designed to help you buy a new home with help from the Government through the Homes and Communities Agency. The Government will provide an equity loan of up to 20 % of the purchase price which will reduce your mortgage repayments in those important first few years

How does it work?

There are 7 simple effective steps

  1. You reserve the plot of your choice. A £200 reservation fee is payable. You instruct a solicitor from our approved panel who will act in your best interests, who know and understand how Help To Buy works and with which we have negotiated competative rates for you.
  2. You will be given free mortgage advice from our recommended specialist mortgage adviser who will financially qualify you and advise which documents you need to provide.
  3. The specialist mortgage adviser will help you fill in the necessary forms to apply for Help To Buy.
  4. The documents are checked and the Homebuy agent grants you Authority to Proceed.
  5. When you have received the authority to proceed, your mortgage adviser will help you make your mortgage application to a suitable lender.
  6. When you have received your mortgage offer and your solicitor has carried out all the legal work you will exchange contracts. This will normally take about 8 weeks.
  7. When your new home is ready, your deposit, Help To Buy contribution and mortgage funds will be put together and when your solicitor is satisfied that the legal process is complete, legal completion can take place and you will receive the keys to your new home.
Did you know you can use our Save & Build scheme with Help to Buy?

Are you in the armed forces?

Forces Help to Buy leaflet

Did you know the Government will contribute towards your deposit?


How does it work?

For every £200 you save, receive a government bonus of £50. The maximum government bonus you can receive is £3,000.


The Help to Buy: ISA is available from a range of banks, building societies and credit unions.


The accounts are available to each first time buyer, not each household. This means that if you are planning to buy with your partner, for example, you could receive a government bonus of up to £6,000 towards your first home.


Save up to £200 a month into your Help to Buy: ISA. To kickstart your account, in your first month, you can deposit a lump sum of up to £1,200.


The minimum government bonus is £400, meaning that you need to have saved at least £1,600 into your Help to Buy: ISA before you can claim your bonus. The maximum government bonus you can receive is £3,000 – to receive that, you need to have saved £12,000.


When you are close to buying your first home, you will need to instruct your solicitor or conveyancer to apply for your government bonus. Once they receive the government bonus, it will be added to the money you are putting towards your first home. The bonus must be included with the funds consolidated at the completion of the property transaction. The bonus cannot be used for the deposit due at the exchange of contracts, to pay for solicitor’s, estate agent’s fees or any other indirect costs associated with buying a home.

No Deposit? No problem!

‘Save & Build’ is designed to help you, the first time buyer, buy your first home in a responsible way from a responsible builder, within a time frame which allows you to pick your home, fix the price and save your 5% deposit over 12 months while we build your Gleeson home.

How does it work?

10 steps to your new home

  1. You reserve your chosen Gleeson home with a £200 reservation fee.
  2. We will fix the price now.
  3. You will receive free advice from our recommended mortgage adviser.
  4. We will work with you and the mortgage adviser to decide the best way we can structure the purchase to suit your personal circumstances.
  5. You start saving your 5% deposit in a new savings account organised with our help. This could be in a Government backed ISA for first time buyers to achieve the maximum benefit.
  6. You choose a solicitor from our approved panel who will be familiar with Save & Build. They will then act on your behalf.
  7. You will exchange conditional contracts.
  8. We will meet with you quarterly to see how your savings are going a few months before your house is due for completion, the mortgage application will be made. At this point we will review your situation and you will be given the opportunity to transfer to one of our other purchase assistance schemes to suit your individual circumstances.
  9. Your 5% saved deposit and the mortgage are put together and when your solicitor is satisfied that the legal process is complete legal completion can take place.
  10. You move into your first Gleeson home.
Did you know you can use the Help to Buy ISA & Equity Loan scheme with Save & Build?

Already have your deposit saved?

'First Rung' is designed to assist you, the first time buyer, if you have your own deposit saved. Make move in day much easier with our Designer Package already installed

How does it work?

There are 6 simple effective steps

  1. A reservation fee of £200 is taken to secure the plot of your choice for 4 weeks.
  2. You are then able to choose a solicitor from our approved panel who will act on your behalf.
  3. You will be offered free mortgage advice from our recommended mortgage adviser who will proceed to place your mortgage with a suitable lender.
  4. It will take around 4 weeks for the legal and financial process to reach a point at which exchange of contracts takes place.
  5. You choose your Designer Package including carpets and light fittings.
  6. When your new Gleeson home is ready the carpets, curtains and light fittings will be fitted and once the legal process is complete, we will then refund you £750 towards your buying fees.

Do you need extra help raising a deposit?

'Aspire to Own' is designed to assist you, the first time buyer, towards the deposit needed to buy your first new home and help towards the cost of your fees.

How does it work?

There are 5 simple effective steps

  1. A reservation fee of £200 is taken to secure the plot of your choice for 4 weeks.
  2. You are then able to choose a solicitor from our approved panel who will act on your behalf.
  3. You will be given free mortgage advice from our recommended mortgage adviser who will proceed to place your mortgage with a suitable lender. The loan amount will be subject to status. Gleeson will contribute 5% towards your deposit.
  4. It will take around 4 weeks for the legal and financial process to reach a point at which exchange of contracts takes place.
  5. When your new Gleeson home is ready and the legal process is complete, your solicitor will put together your deposit, our 5% contribution and your mortgage so that legal completion can take place. At this point we will also refund £750 towards your fees, and you will receive the keys to your new home.

Can your parents help you buy?

'Parents Invest' is designed to assist you, the first time buyer, if you do not have a deposit towards buying your first home.

How does it work?

There are 6 simple effective steps

  1. A reservation fee of £200 is taken to secure the plot of choice.
  2. We will arrange a meeting with our recommended specialist mortgage adviser, separately or with your parents.
  3. When your parents have accepted the amount they are going to invest in your new home (maximum 20% of the purchase price) your mortgage adviser, subject to status, will help you make your mortgage application to a suitable lender.
  4. You choose a solicitor from our approved panel who will be familiar with Parents Invest.
  5. When your Gleeson home is nearing completion and the legal process is complete your parents investment, any deposit you are paying and your mortgage will be put together. Legal completion takes place and you move into your new home.
  6. Your parents will receive their interest payment.

Do you need a 95% Mortgage?

'Mi Choice' is designed to help you buy a new Gleeson home with a 95% mortgage from an exclusive range of specialist lenders without using the Government Help To Buy Scheme and we will help by contributing £750 towards fees.

How does it work?

There are 5 simple effective steps

  1. A reservation fee of £200 is taken to secure the plot of your choice.
  2. You will then be given free mortgage advice from our recommended mortgage adviser who will proceed to place your mortgage with a specialist 95% lender subject to availability and status.
  3. You choose a solicitor from our approved panel who will act on your behalf.
  4. When you receive your mortgage offer and your solicitor is satisfied with the legal requirements, you will exchange contracts.
  5. When your new Gleeson home is ready and the legal process is complete we will refund £750 towards the cost of your fees.