#At a glance quick notes full#
If there are no local connections or key worker criteria then the national criteria will apply for the full 6 months. After the first 3 months have come to an end, the local connections or key worker restrictions will fall away and the property will be available to first-time buyers nationwide. Some buyers may be exempt (details below).Īny local connections or key worker criteria will apply for the first 3 months once the First Home is offered for sale. These criteria are designed to prioritise local people or people with particular priority occupations. Purchasers will need to comply with any local connections restrictions, or key worker restrictions, set by the local authority. Who can buy First Homes?Īll purchasers must be first-time buyers. In subsequent sales the price will reflect the market value minus the percentage discount. Local authorities are able to set lower price caps as part of local policy.
The maximum price of a First Home, after the discount has been applied, will be £250,000 (£420,000 in London). First Homes will look exactly the same as homes sold normally on the open market. First Homes are of the same type and quality, and meet the same standards, as other properties in the same development. What type of properties are First Homes?įirst Homes are properties suitable for first-time buyers. This means the same percentage discount as applied to the original sale will be passed on to the new buyer every time the property is sold and the seller of the First Home will only receive the discounted amount, not the full market value. The discount will apply to all future sales of the First Home. Local authorities can choose to set deeper discounts of 40% or 50%. They are offered at a discount of at least 30% compared to prices of equivalent properties on the open market. First Homes at a glance What are First Homes?įirst Homes are newly built properties for first-time buyers. You should take legal and financial advice before entering a contractual commitment to buy a home, and the same applies to First Homes to ensure it is right for you. This guide explains what First Homes are for potential buyers and answers some common questions. The scheme is open to first-time buyers whose household income does not exceed £80,000 (or £90,000 in London), with priority given to local people and key workers. First Homes are just like normal, open market homes, but they are offered for sale at a significant discount of at least 30% on the market value. Printed on high-quality, recycled paper containing post-consumer recycled material.‘First Homes’ is a new government scheme to help more people onto the property ladder. Monthly: step-tabbed full month with ruled blocks on left page, QuickNotes® area on right page two past and six future months reference. Weekly: one week per two-page spread with QuickNotes® area. Yellow highlighted section for notes and to-do’s. Each day on weekly spread ruled for appointments. Weekly/monthly appointment book with yellow highlighted notes section on weekly and monthly spreads. Presentation/Display & Scheduling BoardsĪT-A-GLANCE® QuickNotes® Weekly/Monthly Appointment Book, 8 1/4 x 10 7/8, Black.Forms, Recordkeeping & Reference Materials.
#At a glance quick notes portable#
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