A new iconic address,
within reach.
Four exclusive First Homes are now released at Medburn Yard, a planet positive farmstead neighbourhood in one of Hertfordshire's most sought-after villages. Government-backed. Discounted for first-time buyers. Built with the same ethos as every gs8 home.
What is First Homes?
First Homes is a new scheme designed to help local first time buyers and key workers onto the property ladder, by offering homes at a discount of 30% compared to the market price. The discounts will apply to the homes forever, meaning that generations of new buyers and the local community will continue to benefit every time the property is sold.
A genuine discount
Each First Home at Medburn Yard is offered at a fixed price of £250,000 — significantly below the open market value of an equivalent home on this development.
Checked by the council
Hertsmere Borough Council confirms every buyer meets the First Homes eligibility criteria before a sale can proceed, so the discount goes to the people it's designed for.
Passed on, every time
The discount is secured against the property through a legal agreement, so when the home is eventually resold, the same percentage discount is passed on to the next eligible first-time buyer.
National eligibility rules apply to every First Homes purchase and additional local criteria may also be enforced by Hertsmere Borough Council. To be eligible, a buyer must meet the following criteria:
You (and anyone buying with you) must never have owned a home before, in the UK or abroad.
2. Household income cap
Your combined gross annual household income should not exceed £80,000, unless Hertsmere Borough Council sets a different local cap.
3. Mortgage ready
You'll need to be able to secure a mortgage or home purchase plan for at least half of the £250,000 price.
4. Your only home
The property must be lived in as your only or main residence — First Homes cannot be let out or bought as an investment.
5. Local approval
Hertsmere Borough Council will need to approve your application against national and any local eligibility criteria before you can proceed.
GOOD TO KNOW
You'll need to be able to obtain a mortgage or home purchase plan for at least 50% of the £250,000 purchase price, and the home must be your only or main residence.
Hertsmere Borough Council may prioritise buyers with a local connection to the borough, or key workers; our sales team can confirm current applicable local criteria for Medburn Yard.
Medburn Yard is a beautifully landscaped neighbourhood in the historic village of Radlett; tree-lined streets, independent shops and open green space, with effortless links into London. Our First Homes apartments sit within a genuinely sought-after neighbourhood, at the very heart of Medburn Yard.
With direct access onto Watling Street, and Radlett and Elstree stations nearby, this is an exceptional opportunity to become part of a neighbourhood that has inherited the peaceful rhythms of its rural surroundings and heritage. Carefully landscaped to enhance local biodiversity, here you can picnic with friends in sheltered squares, birdwatch by the seasonal pond and let children roam carefree through play areas.
Only 4 exclusive 1-bedroom apartments
Ground Floor | Apartment 11 (left) & 12 (right)
First Floor | Apartment 13 (left) & 14 (right)
Register now for a First Home
Disclaimer: First Homes is a Government-backed scheme available on selected new-build homes, subject to availability, status, and national and local eligibility criteria set by Hertsmere Borough Council. Applicants must be first-time buyers with a combined gross annual household income not exceeding £80,000 (unless a different local cap applies to this site), and must be able to obtain a mortgage or home purchase plan for at least 50% of the purchase price. The First Homes discount and provisions are secured by a Section 106 agreement and will apply to all future sales of the property. All images, floorplans and specifications are indicative and subject to change; please speak to our sales team for the current position on availability and pricing. This page is for illustrative marketing purposes. For more information please refer to the First Homes Customer Guide and visit the government site: ownyourhome.gov.uk/scheme/first-homes
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