Need Help Getting on The Property Ladder?

The government is keen to help first time buyers so there are a number of initiatives that could help you save for and then buy your first home.

There are Lifetime ISAs that first-time buyers can use to save for a deposit. A Lifetime ISA, or LISA, is a type of account designed to encourage people to save for their first home or their retirement. You can save up to £4,000 a year. The government will top this up with a 25% bonus, paid monthly.

There are also a number of government schemes that can give you a leg-up onto the housing ladder including Help to Buy – where the government lend you a deposit – and Shared Ownership. Find out more with our overview of the government’s first-time buyer schemes.