--- title: Andium Homebuy date: 2026-07-23T15:03:00+01:00 author: "jonny@ipopdigital.com" canonical_url: "https://www.octagonfinance.co.uk/mortgages-in-jersey/andium-homes" section: Services --- [![Octagon Finance](/dist/images/octagon-finance-logo.svg)![](/dist/images/octagon-finance-wordmark.svg)](https://www.octagonfinance.co.uk/)[Contact us ](https://www.octagonfinance.co.uk/contact) [Octagon Assurance ](https://www.octagonassurance.co.uk) Latest [Personal Loans![](https://www.octagonfinance.co.uk/assets/images/Photos/AdobeStock_488105723-1.jpeg) ## How to Get Your Finances Ready for a Big Life Decision](https://www.octagonfinance.co.uk/advice-hub/how-to-get-your-finances-ready-for-a-big-life-decision) ![](/dist/images/subhero-octagon-pattern.svg) ![](https://www.octagonfinance.co.uk/assets/images/mortgages-jersey.svg)# Andium Homebuy Octagon Finance can assist first-time buyers with the mortgage process, providing guidance and support throughout their property purchase. [Apply now ](#apply) ![](https://www.octagonfinance.co.uk/assets/images/Photos/andium-homev2.jpg) ![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)## Your first home is a step closer - **Andium Homebuy scheme.** Purchase a home with **0% Deposit,** and **defer 25%** of the sale price. - **Andium Homes Assisted Purchase Pathway** First-time buyers in Jersey who are interested in buying a home but need some financial help to do so. ![](https://www.octagonfinance.co.uk/assets/images/Photos/andum-home-v3.jpg) ![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)**How Octagon Finance can help you get onto the property ladder with Andium Homes** As an approved broker for the Andium Homes schemes for first-time buyers. Octagon Finance can guide you through the entire process, from checking eligibility to completion. Our experienced advisors guide first time buyers to: - Understand your borrowing potential. - Assist you with the Andium Homes online application. - Find mortgage options tailored to your financial situation. - Provide full support through each step, from application to completion. ###### *Your property or home may be repossessed if you do not keep up repayments on your mortgage. All mortgages are subject to status and eligibility criteria.* **Ready to Take The First Step?** Octagon Finance is here to make it as simple and stress-free as possible. If you’re a first-time buyer in Jersey, the government-backed Andium Homes Homebuy and Purchase Pathway schemes could be your perfect way onto the property ladder. A mortgage “Agreement in Principle” (AIP) is a **quick** and **tailored** estimate of how much you may be able to borrow to purchase a property. Once we have your documentation, Octagon Finance can provide your AIP. ### **Secure an Agreement in Principle** Come and speak to us at Octagon Finance, 3 Mulcaster Street, St Helier, give us a call on 01534 744900, or Get in touch using the link below. **Documentation required:** - **Employed applicants:** 3 months of recent payslips. - **Self-employed applicants:** 2 years of trading accounts. [Let's Talk ](#apply) ## Andium Homes mortgages Book an appointment at Octagon Finance to talk through your options for purchasing your first home through Andium Homes. Paul will help you to fully understand the Mortgage process and give you expert advice every step of the way. ![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)## Mortgage Calculator. Find out how much you could borrow for your Andium home and get a quick estimate of what your mortgage could look like. Property Purchase PriceDeposit AmountInterest RateMortgage Term ### Repayment £2,575.89 ### Mortgage Amount £450,000 ### Legal Fees £2,500 ### Stamp Duty £8,090 ### Total Mortgage Payable £783,358 First time buyer[Get a quote](#apply) ## FAQs for First-Time Buyers Got questions? We’ve got answers. ![](/dist/images/faq-pattern-green.svg) How can Octagon help me access the Andium Homebuy scheme?As an approved broker of the Andium Homebuy scheme, Octagon Finance can help you, as a first-time buyer, get onto the property ladder. The Homebuy scheme enables you to purchase an Andium Homes property with 0% deposit, and you only need to mortgage 75% of the cost of the property, the remaining 25% of the sale price is deferred. What is the difference between the Assisted Purchase Pathway and Andium Homebuy scheme?The **Assisted Purchase Pathway** is an eligibility list you must join first, while **Andium Homebuy** is the scheme that allows you to buy the property. - **Assisted Purchase Pathway:** A central eligibility register for qualified Jersey first-time buyers needing financial support. - **Andium Homebuy:** A purchase scheme allowing pathway members to buy an available home with a 0% deposit, and 25% deferred price. **How Octagon Finance Helps:** As an officially supported broker for Andium Homebuy, Octagon Finance can quickly evaluate your borrowing power and issue the required Mortgage Agreement in Principle (AIP) before you view or register interest in a property. [Get your AIP ](#apply) What is an Agreement in Principle (AIP)?A mortgage “Agreement in Principle” (AIP), sometimes called a 'Mortgage in Principle', 'Decision in Principle', or 'mortgage promise'. It is a tailored estimate of how much you may be able to borrow to purchase or remortgage a property. An Agreement in Principle is an important first step to purchasing a property through the Andium Homes schemes. Contact Octagon Finance today with 3 months of recent payslips, or for self-employed applicants, 2 years of trading accounts. We can provide you with an AIP within one working day. [Get your AIP ](#apply) Are stamp duty fees reduced for First-Time buyers?Stamp Duty is the tax payable at the time your ownership contract is passed through the Royal Court in Jersey. Reduced stamp duty rates are available to first-time buyers. Homes up to £350,000 carry a 0% tax rate, properties between £350,000 and £600,000 are taxed at approximately 1%, and a sliding scale applies for values up to £700,000. Purchases above £700,000 are subject to standard stamp duty rates. ![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)![](/dist/images/corner-oct.svg)## Mortgage Advice Hub Latest mortgage guidance and advice from the Octagon Finance team [View all ](/advice-hub) [Personal Loans ![](https://www.octagonfinance.co.uk/assets/images/Photos/AdobeStock_488105723-1.jpeg) ### How to Get Your Finances Ready for a Big Life Decision](https://www.octagonfinance.co.uk/advice-hub/how-to-get-your-finances-ready-for-a-big-life-decision) [Personal Loans ![](https://www.octagonfinance.co.uk/assets/images/Photos/Octagon-Office-New.png) ### Finance Jargon Explained: The Terms You Need to Know](https://www.octagonfinance.co.uk/advice-hub/finance-jargon-explained-the-terms-you-need-to-know) [Mortgages ![](https://www.octagonfinance.co.uk/assets/images/Photos/andum-home-v3.jpg) ### First-Time Buyer in Jersey? 10 Things You Need to Know Tiago Silva ](https://www.octagonfinance.co.uk/advice-hub/first-time-buyer-in-jersey-10-things-you-need-to-know) [Mortgages ![](https://www.octagonfinance.co.uk/assets/images/Photos/AdobeStock_458743888.jpg) ### Buying a home in Jersey: The complete guide](https://www.octagonfinance.co.uk/advice-hub/buying-a-home-in-jersey-the-complete-guide)