First Home Fund scheme
Last updated: 7 February 2020

How to apply

Before you apply

Before you apply online, you should speak to an Independent Financial Adviser (IFA). There are a number of similar schemes available in Scotland and an IFA will help you choose the right one for you.

You can apply for the First Home Fund once your offer on a property has been accepted. It can be a verbal agreement – you do not need written confirmation.

You can not apply once you have 'concluded missives' on a property purchase – meaning you've agreed a moving-in date to your new home.

How to apply

You can apply online for the First Home Fund.

Apply online

After you apply

If your application is successful, you'll get an award letter which is valid for 3 months.

You'll need to agree your move-in date (or 'conclude missives') within these 3 months. Otherwise your award letter will no longer be valid .

You'll also have to pay a £550 fee if your application is successful.

Your solicitor will help you through the process of buying your home. If your application is successful, you'll need to pay for your share of the property's price. You'll also have to pay your:

  • legal costs
  • registration fees
  • stamp duty