First Homes Fund Scotland
Up to £10,000 Support for First-Time Buyers
Buying your first home in Scotland could soon feel more achievable.
The Scottish Government has announced that the First Homes Fund will open by the end of June, offering eligible first-time buyers a £10,000 contribution towards their deposit on properties valued up to £300,000.
At Stirling Mortgage Shop, our advisers can help you understand the scheme, check your mortgage options and prepare for your first step onto the property ladder.
Could the First Homes Fund Help You?
The First Homes Fund is designed to support first-time buyers purchasing a home in Scotland.
The scheme is expected to offer:
- Up to £10,000 towards your deposit
- Support for properties valued up to £300,000
- Help for eligible first-time buyers purchasing with a mortgage
- No monthly payments or interest charged on the Scottish Government’s equity share
This is a shared-equity scheme, meaning the Scottish Government will hold an equity share in the property, which is normally repaid when the home is sold.
Speak to a Mortgage Adviser Before You Apply
Government schemes can be helpful, but it is important to understand how they fit with your wider mortgage plans.
Our advisers can help you:
- Understand how the First Homes Fund may work
- Check how much you may be able to borrow
- Explore suitable mortgage options
- Prepare your documents
- Plan your first home purchase with confidence
Start Your First Home Journey
Whether you are just starting to save or already viewing properties, getting advice early can make the process smoother.
Speak to Stirling Mortgage Shop today and find out what support could be available.
Why Choose Stirling Mortgage Shop?
Buying your first home can feel like stepping into a maze with the lights off. We help make the route clearer.
With friendly, practical mortgage advice, we support first-time buyers across Stirling and Scotland with straightforward guidance from enquiry to application.
What is the First Homes Fund?
The First Homes Fund is a Scottish Government shared-equity scheme offering eligible first-time buyers up to £10,000 towards their deposit.
Who is the scheme for?
It is aimed at first-time buyers in Scotland purchasing their first home with a mortgage.
What property value applies?
The Scottish Government has stated that the scheme will apply to properties valued up to £300,000.
Do I need to repay the support?
The Scottish Government will hold an equity share in the property. This is normally repaid when the property is sold.
Can Stirling Mortgage Shop help me apply?
We can help you understand your mortgage options, prepare for your application and explore what support may be available.
Ready to Take the First Step?
The First Homes Fund could help make your first home more affordable.
Speak to Stirling Mortgage Shop today and let’s find the right path to your first home.
Source note: key scheme details are from the Scottish Government announcement published 27 May 2026. First Homes Fund open by end of June – gov.scot