First Time Buyer

A first-time buyer mortgage is a mortgage for people who are buying a home for the first time. It works like a regular mortgage, but is aimed at helping those who have never owned a property before.

Lenders often offer special deals to first-time buyers, such as:

  • Lower deposit requirements (as little as 0%)

  • Fixed interest rates with lower interest

  • Incentives like cashback or reduced fees

  • Enhanced affordability

You’ll still need to prove you can afford the loan, provide documents like payslips and bank statements, and pass a credit check. First-time buyers in the UK may also get help from government schemes and pay less or no Stamp Duty on homes under a certain value.

In short: it's a regular mortgage, but with features designed to make it easier for people to buy their first home.

Don’t forget - Our Advice for First Time Buyers is FREE!