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
4373 mortgages

3.49% reverting to 5.64% 5.3% Discounted Variable2 years95%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £199, Completion £800 

4.29% reverting to 4.49% 4.6% Fixed30/06/201795%To 30/06/2017Details...
Proceed
 
  Product Fee: None 

4.34% reverting to 4.99% 5.0% Fixed2 years95%1st 2 yrs Details...
Speak to an Adviser
 
  Product Fee: None 

4.89% reverting to 4.95% 5.1% Fixed30/06/201895%1st 3 yrs Details...
Proceed
 
  Product Fee: None 

4.89% reverting to 4.49% 4.8% Fixed30/06/202095%To 30/06/2020Details...
Proceed
 
  Product Fee: None 

4.99% reverting to 4.99% 5.1% Fixed5 years95%1st 5 yrs Details...
Speak to an Adviser
 
  Product Fee: None 
Compare
Last Updated: Sunday 19 April 2015 17:57

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=

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.

The cost of moving home is on the rise
The cost of moving home is on the rise

Moving home is said to be one of the most stressful experiences anyone can go through, but it can al... More

Housing market in slowdown mode
Housing market in slowdown mode

Activity in the housing market has been storming ahead in the last year or two, but several reports ... More

At the end of a fix? Don’t revert – remortgage!
At the end of a fix? Don’t revert – remortgage!

It’s a great time to be a mortgage-seeker at the moment, so why not take advantage? If you’re nearin... More

More than half of FTBs try before they buy
More than half of FTBs try before they buy

Getting the keys to that first home is a major milestone in anyone’s life, but now it seems as thoug... More

MORTGAGE ALERT: Average 2-yr rate falls below 3%
MORTGAGE ALERT: Average 2-yr rate falls below 3%

Mortgage rates have been consistently falling for the past few months, but Moneyfacts can reveal tha... 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

‘Outstanding’ 2-yr fixed mortgage
‘Outstanding’ 2-yr fixed mortgage

Leek United Building Society has launched a highly competitive two-year fixed rate mortgage onto the... More

2-yr fixed mortgage moves into charts
2-yr fixed mortgage moves into charts

Tesco Bank has reduced selected fixed rate mortgages by up to 0.20%. One of the deals to benefit is ... More

New 3-yr mortgage gets top rating
New 3-yr mortgage gets top rating

Chelsea Building Society has unleashed a new three-year fixed mortgage onto the market, earning it t... More

‘Outstanding’ 3-yr fixed mortgage
‘Outstanding’ 3-yr fixed mortgage

Yorkshire Building Society has unveiled a highly competitive three-year fixed rate mortgage deal, wh... More

New 5-yr mortgage has a market-leading rate
New 5-yr mortgage has a market-leading rate

HSBC has introduced a new five-year fixed rate mortgage, which has earned an ‘excellent’ rating for ... More