Buying or building a home
Local Authority Affordable Purchase
Buy a newly built home at a reduced price; the local authority takes an equity share equal to the discount.
Amount5% to 40% offthe price of a new home
Who runs itLocal authorities
Best forModerate-income first-time buyers
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Work out your grant
A quick estimate. Not a guarantee — always confirm on the official source.
What it is
Where a development is part of the scheme, eligible buyers pay a reduced price and the council holds an equity stake (the discount) that you can buy back over time.
How much you can get
5% to 40% off the price of a new home.
| Equity share | 5% to 40% of market value |
| Deposit | minimum 10% |
| Redeem by | year 40 |
Who can get it
First-time or Fresh Start buyer over 18 who cannot afford the full market price. Eligibility is tested against the home's price and your income; limits vary by development.
What you’ll need
- Proof of first-time buyer or Fresh Start status
- Mortgage approval
- Proof of income
How to apply
- Watch for a participating development opening in your area
- Apply to the local authority for that scheme
- If selected, complete the purchase at the reduced price
Official source: Citizens Information — Affordable Purchase. Figures current June 2026. This is a free guide, not a government service — always confirm on the official page.