First-time buyers

If you’ve been living with your parents or renting for a while, then you might think that buying a home isn't possible but at Gleeson we build high quality low cost homes with prices starting from just £100,000.

With a Gleeson home you can also expect low monthly mortgage payments, with many of our customers paying less for their mortgage per month, than they were paying for their previous monthly rent cost.

Not only are our homes affordable to buy, but they are affordable to run too, owners of new build homes can expect to save an average of £395 on their annual heating bills, £12 a year on lighting and £28 on hot water*.

*Home Builder Federation Data March 2022

When buying a home with Gleeson, there are lots of helpful schemes to make homeownership even easier.

Many of our customers use the Government Help to Buy: Equity Loan* scheme which is available exclusively to first-time buyers on new build homes.

Or you could make use of the Home Reach part buy – part rent scheme* where you can buy a share of your chosen new build home and just pay a monthly rent on the part you don’t own.

There's also First Homes, a new government scheme which allows first-time buyers to buy selected new build homes at a discount of at least 30% of the market value*.

And let’s not forget to mention our own scheme, first-time buyer assist or our partnership with Armed Forces Direct if you are in the military.

Read more about all of our schemes below.

*Terms and conditions apply

First-time buyer assist is Gleeson's own first-time buyer scheme which makes it easy and affordable for you to get onto the property ladder!

Here’s what’s included with First-time Buyer Assist:

• 48 hour priority access to new home releases and new development openings
• Exclusive preview appointments, ensuring you’re first in line to reserve your perfect home!
• Up to £1000 off extras* 

Find out more.

Many of our customers use the Government Help to Buy: Equity Loan* scheme, which is available exclusively to first-time buyers on new build homes, and is designed to help you onto the property ladder. This scheme works by the Government providing an equity loan of up to 20% that you can put towards your new build home. This means that you’ll only need a 5% deposit and a 75% mortgage.

The Help to Buy: Equity Loan is not a discount scheme or a price reduction, it’s just an alternative loan meaning your property value is not affected. The loan you’ll get is interest free for the first five years, but don’t forget that you’ll start to pay interest from year six. The total amount that you will pay back is based on the value of your home at that time, rather than the amount you originally borrowed, as like we said buying a new home is an investment and investments make you money.

To take advantage of the Help to Buy: Equity Loan scheme, you'll need to reserve your new home and apply by 31st October 2022 and move in by 31st March 2023. So why not speak to one of our Sales Executives today and start your new home journey.

Whilst there are caps on how much you can be loaned with this scheme, the majority of our homes fall under the spend cap. Our friendly sales team are experts on this scheme and will be able to help you with how you can use it specifically on the house  of your choice. Learn more about the Help to Buy: Equity Loan here.

* Subject to eligibility, terms and conditions. 

Designed to get first-time buyers onto the property ladder, First Homes is a Government backed scheme created to make it easy for you to achieve homeownership!

Through the scheme, selected new build homes are available to first-time buyers at a discount of at least 30% of the market value*, with priority given to those living in the local community and key workers.

If you are a first-time buyer who meets your local authorities’ criteria*, you could be eligible to purchase a stunning Gleeson home using the First Homes scheme. The discount will then apply to that home forever – meaning aspiring homeowners, just like you, can take advantage of the scheme for years to come.

Your First Home belongs to you, so you'll have full ownership, the only difference is, you pay from 30%* less to buy it!

Ask your Sales Executive for more information.

Learn more about First Homes here

*Terms and conditions and eligibility applies.

Shared Ownership schemes help make homeownership possible. With Home Reach or Your ReSI Home you can buy a share of your chosen new build home and just pay a monthly rent on the part you don’t own. 

You are able to purchase your share in either cash savings or by taking out a mortgage. If you are taking out a mortgage to finance your share, you will need to allow for a minimum of 5% deposit. The larger your deposit (typically 10%) the lower your mortgage repayments are likely to be.

Whether you choose to buy a smaller share of a larger home, or a larger share of a smaller home, there is an arrangement that is sure to work for you. Learn more about our Shared Ownership schemes here.

At Gleeson we build homes for local people and we give buyers the opportunity to live in areas they love, close to family and friends. Between 2020 and 2021, 57% of our customers already lived within five miles of their chosen development, demonstrating how we build local homes for local people. With Gleeson you can gain independence, and take that next step towards your future but still enjoy those home comforts that come with knowing your area and the community you grew up in. You don’t need to move miles away from your family home to own your own.

We know that buying your first home is an exciting milestone, and is likely to be one of the biggest steps of your life so far. However, it can be a little daunting stepping onto the property ladder for the first time, especially as the process is completely new. 

But you don’t need to worry, we’re here to help you through this process. So start here, in our first time buyer hub. Our hub is designed to break down many of the important things that you need to know. And don’t forget, you can always book in an appointment with one of our Sales Executives, who will be with you every step of the way.