First Step

What is First Step?

Andium Homes administers a government-backed assisted purchase home ownership scheme tailored for first-time buyers in Jersey. This initiative operates as a shared equity scheme, enabling clients to secure a home by contributing up to 40% of the market value for various properties on the open market. The exact contribution is assessed through a financial review of the prospective buyer’s financial position and will be provided in the form of a non-interest-bearing loan.

Are there any other eligibility requirements for the First Step application?


  • You will need to be a ‘genuine’ first-time buyer 
  • You will be required to provide a minimum of 5% deposit on the full market value of your home

Which properties are available to purchase?

  • Open-market
  • Is not a new build property (and has previously been occupied)
  • Does not exceed the maximum purchase price as set out in the table below
Property Type Maximum purchase price
1 bedroom flat / house £300,000
2 bedroom flat £460,000
2 bedroom house £495,000
3 bedroom flat / house £680,000
4+ bedroom house £965,000

How much loan may I be eligible for?

To help provide an understanding of the amount of loan that you may be eligible for, you can use the below calculator to find out.

First Step Logo Government of Jersey

First Step Bond Calculator

This calculator helps to provide an overview of what the maximum bond that could be provided based on your proposed property purchase price, deposit and mortgage amounts.

The information provided by this tool is for guidance only. It does not constitute an offer of a bond from Andium Homes or the Government of Jersey. The figures are for illustrative purposes only.


How do I apply for the First Step assisted purchase home ownership scheme? 

The First Step scheme will be available in three separate tranches during 2024, with approximately £3 million of loans available in each tranche.

You will need to apply separately in each tranche during 2024, with your up-to-date financial information to be considered for a loan.

Tranche 2 is now open until June 30th.  Click on the red button below to access the application form.

Tranche 3 is expected to launch during September 2024.

What will I need to apply?

  • your Assisted Purchase Pathway number
  • your last 3 months pay slips
  • your most recent tax assessment
  • Copies of your last monthly bank account / investment statements
  • Copies of your last monthly credit cards / loan statements
  • Copy of a mortgage in principle from one of the mortgage providers supporting the scheme

Which mortgage providers support First Step? 

First Step is in the final stages of being supported by all Jersey mainstream mortgage lenders

  • Barclays 
  • Butterfield 
  • HSBC 
  • Lloyds
  • Santander International 
  • Skipton International 

We are also supported by the following Jersey mortgage brokers 

  • The Mortgage Shop 
  • Integritas Wealth Partners
  • Cherry Godfrey

What happens once I have submitted my First Step application? 

Our agents will review and prioritise your application against the eligibility requirements of the scheme. Further information on the eligibility criteria and prioritisation for First Step can be found in the following policy document.

We will notify each applicant of success or non-success in each tranche.

What happens if I am successful in a tranche?

We will be in touch to guide you through all the next steps, helping you take your First Step toward owning a home. 

What happens if I am not successful in a tranche?

We encourage you to reapply in any future tranches that may become available.

For other frequently asked questions Click Here

Contact us

Main Number 500700
Emergency Maintenance Service 500799
Maintenance Line 500799
Calls will be recorded for training purposes

Opening Hours Monday to Friday 9am to 5pm
(Closed on Thursday 2pm - 5pm)

Andium Homes Limited 33-35 Don Street St Helier Jersey JE2 4TQ