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First-Time Buyers
Buying Your First Home? Trust Your Local Experts to Guide You
First-Time Buyer Mortgage Rates
Mortgage and Protection Adviser
As mortgage brokers for first-time buyers, we’ll explain how mortgages work, the factors to consider when choosing a first-time buyer mortgage deal, and we’ll explore your options while guiding you through every step of the process.
Don't worry if it feels confusing.
When you start looking at mortgages, it can feel like a whole new language: repayment mortgage, fixed rate, standard variable rate, and more, not to mention the property-buying process itself. You don’t have to figure it all out alone. We’re here to help you every step of the way.
Compare rates and get tips.
You can also compare the latest first-time buyer mortgage rates here and find helpful tips in our FAQs.
Your First-Time Buyer Journey
Affordability & Rate Finder
We’ll help you understand how much you can borrow
Mortgage in Principle
Get a decision in principle to strengthen your offer
Find Your Property
Start your search with confidence
Get Your Documents Ready
ID, proof of address, bank statements, and payslips
Full Mortgage Application
We handle all the paperwork and liaise with lenders
Completion
Get your keys and move into your first home!
First-Time Buyer Schemes
Help to Buy – Wales
Government equity loan schemes for new build properties
Shared Ownership
Buy a share of a property and pay rent on the rest
95% LTV Mortgages
Mortgages available with just a 5% deposit
First Homes Scheme
Discounted properties for first-time buyers
Explore Government Schemes in Detail
Learn more about current UK first-time buyer schemes, including the First Homes Scheme, Shared Ownership, Lifetime ISA, Mortgage Guarantee Scheme, and Stamp Duty relief.
First-Time Buyer FAQs
What mortgage options are available for first-time buyers in the UK?
First-time buyers can choose between fixed-rate, tracker, and variable-rate mortgages. Many lenders also offer higher loan-to-value options, meaning you may be able to buy with a smaller deposit, subject to affordability, credit history, and lender criteria.
Can first-time buyers get a mortgage with a 5% deposit?
Yes. Many lenders now offer 95% loan-to-value mortgages, allowing you to buy with just a 5% deposit. Eligibility depends on your income, credit profile, property type, and affordability check.
Is the Help to Buy scheme still available?
The Help to Buy equity loan scheme is now closed to new applications. However, shared ownership and other affordable housing schemes are still available through housing associations and may help you get on the property ladder.
How much can a first-time buyer borrow?
Most lenders consider lending up to 4–4.5 times your household income. The exact amount depends on your outgoings, credit commitments, and affordability assessment.
Do first-time buyers pay Stamp Duty?
Many first-time buyers may benefit from stamp duty relief, depending on the purchase price and current government thresholds. This can significantly reduce or even eliminate stamp duty costs on qualifying properties. You can check your potential costs using our stamp duty calculator.
Should first-time buyers use a mortgage broker?
Using a mortgage broker can make the process much easier. A broker can assess your situation, explain lender criteria without jargon, and search a wide range of lenders for suitable deals, helping you feel confident at every step. Advice should always be tailored to your individual circumstances.
Ready to Buy Your First Home?
Our mortgage advice is fee-free, so there’s no better place to start your home-buying journey than right here.
Third party fees may apply