Monday 20 May 2024
Select a region

Over 100 applicants for 'First Step' housing scheme

Over 100 applicants for 'First Step' housing scheme

Sunday 14 April 2024

Over 100 applicants for 'First Step' housing scheme

Sunday 14 April 2024

Over 100 applications have been received for a £10 million Government-funded scheme to help islanders get on the property ladder.

The First Step initiative, an assisted purchase home ownership scheme which is administered by Anidum Homes, was launched at the end of February.

A total of 124 applicants applied during the first round, which closed on 2 April.

Housing Minister Sam Mézec said he was"delighted" that the scheme had "received so many applications".


Pictured: Housing Minister Sam Mézec launched the First Step scheme in February.

Deputy Mézec added: "Supporting as many islanders as possible into homeownership is a key priority for the new government.

"By making homes more affordable through measures such as equity loans, we can help Islanders buy their first home and inspire faith in our younger people that they can enjoy a prosperous future in Jersey.”

Further application rounds will take place in June and September this year, while all successful applicants from the first round will be notified by the end of April.

Islanders who successfully get onto the scheme have 60 days from when they are informed to find a property and have an offer accepted.

Funding was ring-fenced in the previous Government Plan, with the shared-equity scheme announced by former Housing Minister David Warr in September.

Deputy Mézec said: “I am looking forward to opening applications for further tranches of this scheme later in the year.

"I am hugely grateful to everyone involved to enable the scheme to launch, particularly our colleagues at Andium who are administering it, all the officers involved in the detailed work to get it to this stage, my predecessors as Housing Minister and the industry representatives who have been so supportive of it.”

You can find out more about the First Step scheme online HERE.

Sign up to newsletter



Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?