First Time Buyers
THE BETR WAY TO BUY
In 2026, there’s more support than ever to help first-time buyers make it happen, from reduced taxes and government support to specific developer assistance.
BETR’s current range of incentives exclusively for ‘First Time Buyers’ may include a gifted deposit contribution, legal fee assistance, fitted wardrobes and blinds along with access to specialist mortgage advice.
With rents continuing to rise and strong housing demand in Birmingham, buying sooner could help secure a home at today’s prices and build equity over time.
FTB Incentives
01
Stamp Duty
As a first-time buyer, you do not have to pay Stamp Duty on properties up to £300,000 that’s a saving of thousands right from the start.
02
Dedicated Discounts
There are several schemes designed to help first‑time buyers, including:
Gifted Deposit:
Elevate Property Group offers gifted deposits of up to 5% on some developments.
Discounted Market Sales:
Discounts on properties specifically for first‑time buyers.
Government backed:
With 30-50% off sale price.
First Homes Scheme:
Up to 30–50% off certain new builds.
03
Easier Mortgage options
Some lenders now offer flexible mortgages with minimal or even no deposits. Some may even lend 100% of the purchase price.
Do ask for our access to specialist mortgage advice.
Why Buy Now
19.7%
Property Prices
Savills forecasts that West Midlands Property Price Growth between 2026 and 2030*
*Source Savills
18.8%
Rental Growth
JLL ranks Birmingham as the UK’s top city for investment, forecasting 18.8% rental growth by 2028.
*Source JLL UK Property Investment
Try Before you buy
“Our new Try Before You Buy initiative allows prospective first time buyers to rent an apartment in a select development for a period of 6-12 months. At any time during the rental tenancy, prospective buyer has the option to purchase the property at a pre-agreed sale price, with rent reimbursed up to the value of 5% of the property value by way of a Developer Gifted Deposit contribution.”
Some standout developments include:
Mulberry House (Derby)
Modern apartments in the heart of the city, starting from around £140,000 — perfect for those looking for style and convenience.
Ariel House (Sheldon, Birmingham)
1- & 2-bedroom homes priced from £170,000 — great for commuters with easy access to Solihull and Birmingham.
Chapmans Yard (Birmingham)
Stylish apartments close to Grand Central and next to The Mailbox, starting from £170,000, ideal for young professionals wanting to live in the centre of the action. As part of the government backed ‘first homes’ scheme you can secure an apartment for 50% of market value, with prices just from £204,950 (only for First Time Buyers).