It seems every week brings a new headline about helping first-time buyers, from 100% mortgage products to using rent to prove affordability. With reports suggesting a new scheme could be announced in the Autumn Budget later this month*, some buyers may be wondering whether they should press pause on their plans and wait for more details.
The answer isn't always straightforward. While future announcements may create new opportunities, it's important to remember that options already exist today, and waiting may not be the right choice for everyone.
While the prospect of additional support is welcome, the reality is that the full details haven't yet been confirmed. We still don't know exactly who will qualify, which properties may be included or when any scheme might launch.
As a result, some buyers could spend the next few months waiting for an opportunity that may not be right for them, especially if your preference is not a new-build home.
Should you wait?
The answer depends entirely on your circumstances. For some buyers, waiting for more information may make sense. For others, opportunities already exist today. Many people assume they need a huge deposit, perfect circumstances or significant financial help from family before they can consider buying a home. Depending on your individual circumstances, there may be options available that you have not yet explored.
Family support can take many forms and, depending on individual circumstances and lender criteria, there may be different options available. Depending on your circumstances, family support may play a role in helping some buyers purchase a home sooner than they expected.**
The key is understanding the options available to you now, rather than relying solely on headlines about what might become available in the future.
What one recent first-time buyer had to say
"Working with Amirah made buying my first home an incredible experience. From day one, they were exceptionally available - always ready to answer my endless questions, explain complex jargon, and guide me through every step of the process.
What impressed me most was their absolute honesty. They never pushed products that weren't right for me, gave me transparent, realistic advice on what I could afford, and made sure I got the best deal possible. Buying your first home can be incredibly overwhelming, but having someone so honest, responsive, and knowledgeable in my corner gave me complete peace of mind." ***
Manuel, Sept 2026
Buying your first home can feel overwhelming, especially when news headlines suggest another scheme, initiative or market change could be just around the corner. The reality is that understanding your options today can often be just as valuable as waiting to see what's announced tomorrow.
Before changing your plans
If you're considering waiting for the Autumn Budget, it's worth understanding what's already available and whether it could help you achieve your goals sooner.
Our advisers can explain your options, help you understand any family support arrangements, and discuss how potential future schemes compare with the mortgage solutions available today.
Useful reading for first-time buyers
Whether you're actively searching for your first home or simply exploring your options, these guides may help:
Mortgage jargon explained: a guide for buyers
Ever wondered what terms like LTV, fixed rate or Agreement in Principle actually mean? This guide explains common mortgage terminology in plain English.
Top 5 first-time buyer mortgage myths explained
Think you need a huge deposit or that certain circumstances automatically mean you can't get a mortgage? We tackle some of the most common misconceptions.
"We're buying our first home – what insurances should we be thinking about?"
A practical guide to understanding the types of insurance many buyers consider when purchasing a property.
To discuss your plans, book an appointment today with one of our mortgage experts or call 08000 38 37 36.
* At the time of writing, no such scheme has been formally announced and details may change or may not proceed.
** Availability of family-assisted mortgage arrangements depends on individual circumstances, lender criteria and affordability assessments. Not all applicants will qualify.
*** This is one customer's individual experience and may not be representative of the experience of all clients.
