Among the PM’s proposals is the Your First Home scheme, designed to help eligible first-time buyers in England purchase new-build properties with a deposit of just 2.5%.
Buyers could also access a government-backed equity loan worth up to 20% of the home’s value. In theory, this could reduce the size of the mortgage needed and also help bridge the gap for buyers who can afford monthly repayments but have struggled to save a lump-sum deposit.
However, investors should note that the final scheme design has not yet been confirmed. Eligibility rules, household income thresholds, and property price caps are still to be announced, so it’s too early to judge who the scheme could benefit most.
That said, a lower-deposit route could bring more first-time buyers into the market, potentially supporting demand for new-build homes and encouraging development.
More entry-level activity may also strengthen the wider property market, helping drive the number of property sales and create a more active environment for buyers, sellers, and developers.
Regional cities with growing populations, regeneration, and strong employment prospects, such as Liverpool, Leeds, and Manchester, could be particularly well placed to benefit from this increased buyer activity.
For investors, all of this reinforces the importance of choosing properties with a broad appeal. Well-located apartments and houses that suit a mix of both renters and future owner-occupiers can offer more flexibility.
