First Home fees

  • On first sale, developers will have to pay a fee of £175 plus VAT to the council for each First Home delivered, towards the administration of First Homes
  • If you sell your First Home in future, you will have to pay a fee to us of £175 plus VAT. This will go towards the long-term administration of First Homes

We will review these fees from time to time to ensure that they reflect the costs of administering First Homes.

Reservation fee

Developers will typically ask you to pay a reservation fee to secure a new First Home. This fee is capped at £500. The developer will refund your reservation fee if your application to purchase a First Home is unsuccessful.

If you are looking to buy a new or existing First Home, we strongly recommend that you seek independent legal and financial advice before entering into any sale.