Start your home ownership journey with Yomo
Buying your first home in Kent can feel like a big step, especially with new schemes being talked about. One that may interest you is a government-backed scheme for eligible new-build homes, which is due to open for full applications in 2027.
Yomo Finance Limited is a UK mortgage and protection broker. We can explain how first-time buyer mortgages work, help you plan ahead, and talk you through what the new scheme could mean for you if you're looking in Kent.
The new first-time buyer scheme starting in 2027
Based on the details currently available, the scheme is for buying an eligible new-build home with a 2.5% deposit. The government would provide a 20% equity loan, and you would take out a mortgage for the remaining 77.5%.
Full applications are expected to open in February 2027, with the first equity loans expected from April 2027. Scheme rules and timings can change, so we'll always point you to the latest official guidance.
See how much you could borrow for your first home
*mortgage calculator coming soon*
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