If you’re an aspiring homeowner looking to take your first step on to the property ladder have a look at our list of the top 5 first time buyer mortgages currently available.
Mansfield Building Society
“This fee-free product includes incentives of refunded valuation fees for all borrowers, which will help keep costs to a minimum.”
Penny says: “Borrowers looking for a fixed rate would do well to consider this first time buyer product from Hanley Economic BS if they have a 10% deposit.
“This product charges a reasonably low fee of £300. Borrowers will also benefit from the incentive package that includes refunded valuation fees and a £250 rebate.”
Penny says: “Yorkshire Bank is offering a chart-topping rate of 4.99% fixed for 3 years to first time buyers who only have a 5% deposit.
“This fee-free product includes incentives of free valuation fees and a £250 rebate, making it best value for money.”
Penny says: “This Help to Buy product from NatWest matches Yorkshire’s rate of 4.99%.
“This Best Buy product charges no fees and the rate is fixed for two years.”
5.49% fixed to 31.12.2018
Penny says: “Borrowers looking for a five-year fixed deal could consider this market-leading Help to Buy product from NatWest.
“Borrowers looking to keep upfront costs to a minimum will benefit from this product as it charges no fees.”
Disclaimer: Your home may be repossessed if you do not keep up with 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
Information & Rates correct as at: 11/10/2013.
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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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