The First Time Buyers grant was abolished on Thursday 14 November 2002. The Book of Estimates heralded the end of the First Time Buyers grant with immediate effect.

For first time buyers, will provide the following special incentives.

• They will provide you every assistance and understanding to help you secure your home.
  
  
• They will lend up to 92% of the purchase price (normally 90% for non first time buyers).
  
  
• We will offer you a very attractive interest rate in the first six months of 3.0%. If your loan request is below 75% of the purchase price, the rate is 2.75%.
  

•  Mortgage Interest Relief
•  Rent a Room Tax Free
•  Stamp Duty