Savills expects Your First Home scheme to support 65,000 new home sales over five years

• Savills expects England’s new-build completions to reach around 190,000 annually from 2029-30, up 25% from anticipated 2026-27 levels.
• Your First Home’s £4.7 billion funding is expected to support around 65,000 new-home sales over five years.
• New-build sales rates should remain low until the scheme’s first supported sales complete in April 2027.
• Local price caps may push housebuilders toward smaller homes; the scheme is expected to be effective only in London’s outer boroughs.
• The scheme should improve housebuilders’ sales certainty and support medium-term land demand, though its volume boost should trail Help to Buy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Savills plc published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.