Link Group Ltd

First Home Fund Application Form

This form has a maximum of 27 pages

Please do not send any paper by post as it will not be opened. All supporting information MUST be emailed to: firsthomefund@linkhaltd.co.uk


Application Help Notes

Please take a few minutes to read over these help notes. To help us process your application as quickly as possible, please ensure you send copies of the documents we need. There are 3 ways you can submit your documentation to us.

1) You can upload up to 8 separate documents as part of this online form.

2) You can email your documents through to firsthomefund@linkhaltd.co.uk.  Please note the largest file size we can accept is 5MB. If your documents exceed this, please send them through in separate emails.

3) Documents can be posted to our office at Link Housing, Watling House, Callendar Business Park, Falkirk, FK1 1XR. Please note that this may delay your application being processed. Do not send original documents as we will not be able to return them.

If you are an IFA completing this for your client, you will be asked to upload a signed mandate with the supporting documents. 

Eligibility

The scheme is open to all First Time Buyers.  First Time Buyer is described as:

A person who does not own nor has previously owned a dwelling in Scotland, the rest of the UK or the rest of the world (All forms of ownership in the applicable legal system which are equivalent to ownership in Scotland are treated as ownership for this purpose).

Where joint applicants apply only one requires to be a first time buyer, provided that none of the joint applicants remain the owner of a property by the time the applicants are completing the purchase of the property with shared equity support through the scheme.

Wages & income

We need to verify your total household income. This includes your partner (if you have one). For this we need copies of your last 3 monthly payslips, or last 12 if you are weekly paid. If you are self employed please provide a copy of your self assessment billing notice or receipt for the last financial year. If you receive any benefit payments (for example Working Family Tax Credit, Universal Credit or Employment Support Allowance) please provide a copy of your current award notice.

Mortgage offers

Before applying, you need to know how much you may be able to obtain from a lender. Most lenders will require a deposit and you will therefore need sufficient savings in order to supply this. The deposit is usually a minimum of 5 percent of the mortgage you are taking, however your lender will advise further. Please make sure you receive good independent financial advice when applying to the scheme as lending criteria may differ between the different lenders.

Please provide us with a copy of one mortgage decision in principle.  

Property details

You will be asked to provide information regarding the property you are buying.  You are also required to provide a Home Report for existing properties advertised for sale and a Scheme 1 survey or mortgage valuation for a new build property.  Please submit the home report along with your other supporting documents.

Please note part exchange is not permitted through this scheme.

Your email address

To allow us to send you an acknowledgement that we have received your application form, please provide your personal email address.  We will also use this address to correspond with you during the assessment process. This email address should be for the applicant and not your financial adviser or Solicitors.

Completing your form

Please have all supporting information to hand to allow you to complete this form. The form will time you out if inactive for 10 minutes. Therefore we suggest that you create an account which will save your information if you need to revisit at a later date. To create an account please click on Register at the top right hand side of this page.

Further information

If you require any further information please contact us on 0330 303 0555 or by email at firsthomefund@linkhaltd.co.uk.  Further information is also available on the Scottish Government’s website:  https://www.gov.scot/policies/homeowners/first-home-fund/.  There is also a guide for buyers which can also be accessed here.