Find the best First Time Buyer Mortgages

  - First time on the property ladder? Our independent experts compare the whole market to find the best mortgages for first time buyers; selected specially for their smaller deposits, higher LTV's and lower application fees.
Also look at:

Compare the Best First Time Buyer Mortgages

Compare
Up to 3 products
side by side
RateAPR CostMortgage TypePeriodMax LTVERCSearch all
4170 mortgages

3.85% reverting to 5.64% 5.4% Discounted Variable2 years95%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £199, Completion £800 

4.75% reverting to 4.49% 4.7% Fixed31/03/201795%To 31/03/2017Details...
Proceed
 
  Product Fee: None 

4.89% reverting to 5.19% 5.3% Fixed28/02/201795%To 28/02/2017Details...
Speak to an Adviser
 
  Product Fee: None 

4.89% reverting to 4.95% 5.1% Fixed31/03/201895%1st 3 yrs Details...
Proceed
 
  Product Fee: None 

4.99% reverting to 5.54% 5.5% Fixed5 years95%1st 5 yrs Details...
Speak to an Adviser
 
  Product Fee: None 

5.39% reverting to 4.00% 4.7% Fixed31/03/202095%To 31/03/2020Details...
Speak to an Adviser
 
  Product Fee: None 
Compare
Last Updated: Friday 19 December 2014 01:36

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply via Moneyfacts.co.uk today. Products shown with a yellow background are sponsored products.

Disclaimer:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.
 

What you should know about First Time Buyer Mortgages

If you are buying a house for the first time, you may not have a lot of money to put down as a deposit, meaning the loan-to-value (LTV) you need may be quite high.

Our first time buyer mortgage best buys show the top discounted variable rate, variable rate tracker and fixed interest rate mortgages.  These mortgages have been specially selected as they require low deposits of as little as 5% and high loan-to-value limits, typically between 80% up to as much as 95% of the purchase price.

Remember that the upside of securing a higher loan-to-value mortgage may have a downside of paying a higher interest rate throughout the fixed mortgage term.  

It might also be worth looking at two year fixed rates, three year fixed rates, five year fixed rates or variable rates (including trackers).

However, if you can’t find a product that’s right for you don’t worry – you can use our quick and easy mortgage search to find exactly the mortgage deal you are looking for.

If you've already found your ideal first home and are ready to make an offer, our downloadable First Time Buyers' Guide - 'How to buy a house: making an offer to completion' will take you through the process of buying a property and identify where you can expect delays and why.  To view and save this document you will require a PDF reader such as Adobe Reader or an app such as Kdan Mobile PDF reader iPhone/iPad edition

 

 
 moneyfacts.co.uk=

Advertisements:

First Time Buyer Calculator

Mortgage CalculatorMortgage Calculator
Before applying for a mortgage, work out how much your mortgage will cost you each month using Moneyfacts.co.uk mortgage calculator.

Are you a ‘frustrated middle mover’?
Are you a ‘frustrated middle mover’?

The news has long been full of the woes of the first-time buyer, but they are not the only ones who ... More

First-time buyer lending hits seven-year high
First-time buyer lending hits seven-year high

Mortgage loans for first-time buyers have reached their highest level for seven years, as borrowers ... More

How much could you save with new stamp duty rates?
How much could you save with new stamp duty rates?

One of the biggest announcements in this week’s Autumn Statement was the reform to stamp duty thresh... More

The seasonal slowdown in housing activity
The seasonal slowdown in housing activity

There’s often a lull in housing market activity during the winter months, and this year is no except... More

Could you find it difficult to get a mortgage?
Could you find it difficult to get a mortgage?

Are you hoping to get a mortgage? Well, it’s not that easy. Regulatory changes have made it increasi... More

How to choose an estate agent
How to choose an estate agent

Find out how to choose the best estate agent in this guide. We look at practical ways to shortlist, ... More

Mortgage valuations are not in-depth surveys
Mortgage valuations are not in-depth surveys

Mortgage valuations shouldn’t be confused with a property survey. You should consider having a surve... More

Is your mortgage payment going up?
Is your mortgage payment going up?

Several mortgage lenders have announced increases to their rates. Find out what to do if your mortga... More

Post Office mortgage awarded 5 stars
Post Office mortgage awarded 5 stars

Post Office has added to its mortgage products with a new two-year fixed rate deal, which has won th... More

Fixed rate mortgage gets market-leading rate
Fixed rate mortgage gets market-leading rate

Norwich & Peterborough Building Society has amended selected fixed rates among its mortgage offering... More

5-star mortgage from Hinckley & Rugby BS
5-star mortgage from Hinckley & Rugby BS

Hinckley & Rugby Building Society has reduced selected rates by up to 0.60%. One of the deals to ben... More

4-star review for reduced 3-yr fixed rate mortgage
4-star review for reduced 3-yr fixed rate mortgage

The Co-operative Bank has amended its fixed rate mortgage offerings and reduced its three-year deal ... More

Chelsea BS gets 4-star review for tracker mortgage
Chelsea BS gets 4-star review for tracker mortgage

Chelsea Building Society has reviewed its variable tracker mortgages and made reductions of up to 1.... More