First Step Scheme - What You Need To Know

Everything you need to know about the government of Jersey's new First Step Scheme...

The Government of Jersey have launched their assisted purchase home ownership scheme, tailored for first-time buyers only. This is a shared equity scheme, enabling clients to secure a home by contributing up to 40% of the market. The exact contribution is assessed through a financial review of the prospective buyer’s financial position and will be provided in the form of a non-interest-bearing loan.

What do you need to know?

  • You will need to be a ‘genuine’ first-time buyer
  • You need to be over 18 years of age and have qualified/entitled status
  • You will be required to provide a minimum of 5% deposit
  • You will need the past three months' payslips, bank and credit card statements and a copy of a mortgage in principal from a lender.
  • You need to have your Assisted Purchase Pathway number ready. If you don't have one, click here
  • To start your First Step application form, click here

The closing date for applications is Tuesday 2nd April 2024.

Click on the images below to check out some of our eligible properties!

Stopford Road
Stopford Road - 1 bedroom apartment £250,000
La Grande Route de St Clement
La Grande Route de St Clement - 2 bedroom apartment £450,000
Savile Street
Savile Street - 2 bedroom house £450,000
St Johns Road
St Johns Road - 3 bedroom apartment £575,000
Rue Du Ponterrin
Rue Du Ponterrin - 4 bedroom house £775,000

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