Your First Home: first-time buyers in Huntingdonshire can buy a new build up to £410,000 with a 2.5% deposit from spring 2027.
The government has set the Your First Home price cap for Huntingdonshire at £410,000. The scheme, confirmed in the 28 October Budget, lets first-time buyers purchase a new-build home with a 2.5% deposit and a government equity loan worth 20% of the price, interest free for five years. For buyers looking at new homes in Alconbury Weald, Sawtry and around Huntingdon, that cap covers most of what is being built. Applications are expected to open in February 2027.
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Your First Home price cap for a new-build home in Huntingdonshire, published by the government on 3 November 2026.
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Government equity loan as a share of the purchase price, alongside a minimum 2.5% deposit from the buyer.
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Interest-free period on the equity loan. Fees and terms after year five are still to be published.
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Maximum household income for buyers outside London. Inside London the limit is £140,000.
How does the Your First Home scheme work?
As of November 2026, the published terms are straightforward. You must be a first-time buyer, the home must be your main residence, and it must be a new build in England sold by a developer signed up to the scheme. You put down at least 2.5%, the government lends 20% as an equity loan, and a repayment mortgage from a participating lender covers the rest.
The equity loan is tied to the value of the home, not the cash amount. Borrow 20% and you normally repay 20% of the home's value at the time, based on an independent valuation. The Budget sets aside £4.7 billion over five years, which the Treasury estimates will help around 70,000 households. The full detail is in the Your First Home local authority price caps on GOV.UK.
- By end of December 2026: pre-registration and developer sign-up open.
- February 2027: first applications from buyers.
- April 2027: first completions expected.
A £300,000 new build in Huntingdonshire needs a £7,500 deposit under Your First Home, half the £15,000 a standard 95% mortgage asks for.
Villager Homes worked example, based on the published scheme terms. Equity loan £60,000, mortgage £232,500.
Which new homes in the patch fall under the cap?
The cap follows where the home is, not where you live now. Every new build in Huntingdonshire is judged against £410,000. The neighbouring caps show how much it varies: South Cambridgeshire is £455,000, Cambridge £505,000, East Cambridgeshire £370,000, Peterborough £315,000 and Fenland £280,000.
The schemes most directly affected are the ones selling homes during 2027:
Alconbury Weald
Taylor Wimpey's 272-home phase, approved in May 2026, was due to start selling from March 2027, a month before the first Your First Home completions.
Aversley Grange, Sawtry
The 340-home scheme on the A1 corridor is already under construction, so plots will be coming to market through the scheme's first year.
Buckden and Godmanchester
Buckden's Silver Street plan for 290 homes and the proposals east of Godmanchester are further back in the planning process. They matter if the scheme runs its full five years.
One caution: developers have to opt in, and no participant list has been published yet. Do not assume a site is eligible until the sales office confirms it.
What should first-time buyers do now?
- Pre-register when it opens by the end of December.
- Save for 2.5% plus fees. On a £410,000 home, Stamp Duty under first-time buyer relief is £5,500; use our Stamp Duty calculator for your price.
- Ask developers directly whether they are signing up.
- Browse new homes across Huntingdonshire to see what sits under £410,000.
Feb
2027
Applications open
What does it mean if you are selling a starter home?
The scheme is new build only. If you own a two or three-bedroom resale home in Brampton, Huntingdon or St Ives, the buyers most likely to want it may soon be offered a new build with a 2.5% deposit. That is real competition, and it arrives as mortgage costs are rising after the Bank Rate rise to 4% on 5 November.
Resale homes still hold advantages: established gardens, bigger plots, a known street and no wait for completion. Buyers can also use a standard mortgage, with no equity loan to repay later. If you are planning to sell in 2027, pricing correctly from day one matters more when a well-funded new-build alternative is a short drive away.
As an independent estate agent in Huntingdon and across the patch from our Brampton office, we see both sides of this market every week. A free valuation will show where your home sits against the new-build prices nearby, and what that means for timing.
More for first-time buyers in the patch.
Sales
Stamp Duty 2026: what first-time buyers pay
The £300,000 zero-rate band, the 5% slice above it, and worked examples for Brampton and Huntingdon.
Read→
Local News
Sawtry: 340 homes under construction
Aversley Grange on the A1 corridor, one of the schemes selling homes through 2027.
Read→
New homes
New homes in Huntingdonshire
New-build developments across Huntingdonshire, with prices, locations and what to ask the sales office.
Read→
Sources: HM Treasury, Budget 2026 (28 October 2026); Ministry of Housing, Communities and Local Government, Your First Home guidance and local authority property price caps (GOV.UK, updated 3 November 2026); Huntingdonshire District Council planning records for Alconbury Weald, Aversley Grange (Sawtry) and Silver Street (Buckden). Stamp Duty and deposit figures are Villager Homes calculations using current first-time buyer relief and published scheme terms. Figures current as of 12 November 2026; final scheme rules, fees and the participating developer list are still to be published.
Selling a starter home in Huntingdonshire?
Free in-person valuation across Brampton, Huntingdon, Godmanchester and all 56 patch villages. We will show you how your home compares with new-build prices nearby.