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A First Time Buyers Step-By-Step Guide Launched!

A First Time Buyers Step-By-Step Guide Launched!
Local

At the Public Service Expo 2025, Minister for Social and Affordable Accommodation, Roderick Galdes, announced the launch of a new guidance document by the Housing Authority aimed at first-time buyers.

The document provides clear, step-by-step advice to individuals purchasing their first property, supporting them through what the minister described as a “major life milestone”.

It includes detailed information on the first-time buyers’ scheme, which offers recipients €1,000 annually over ten years—a total of €10,000.

Minister Galdes noted that buying a first home is often accompanied by new experiences and challenges. “This guide will help prospective buyers navigate the entire process. We are proud to support first-time buyers, especially young people, through this initiative,” he said.

Matthew Zerafa, CEO of the Housing Authority, highlighted the importance of clarity in the home-buying process. “Owning a home is a dream for many young people, but it can be daunting. This guide aims to simplify the process and empower buyers to make well-informed decisions.”

The guide covers all stages, from securing a bank loan to signing the sales contract and moving in. It also offers practical tips and outlines government schemes and services available to assist new homeowners.

The guide is available online at firsthome.mt.

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