Best 5 Year First Time Buyer Mortgages | moneyfacts.co.uk
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5 Year Fixed Rate First-Time Buyer Mortgages

Compare five-year fixed rate first-time buyer mortgages

The mortgages below show the best five-year fixed rate mortgage rates available for those who are first-time buyers at 90% LTV. You can personalise the chart below by adding the value of the property you want to buy and the value of the mortgage you want to get.
If you're not a first-time buyer you can also search for remortgages and moving home mortgages.

 

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Compare First Time Buyer Mortgages

Best 5 Year First-time Buyer Mortgages

Best 5 Year First-time Buyer Mortgages

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  • Virgin Money Fixed
    Rate
    3.79%
    3.79% Fixed to 01/03/2028
    reverting to 4.09%
    APRC
    4.1%
    Max LTV
    90%
    Product Fees
    £995.00
    Initial Payment
    £822.02
    Total Over
    Go To Provider's Site
  • Virgin Money Fixed
    Rate
    3.89%
    3.89% Fixed to 01/03/2028
    reverting to 4.09%
    APRC
    4.1%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £830.73
    Total Over
    Go To Provider's Site
  • Barclays Mortgage Fixed
    Rate
    3.05%
    3.05% Fixed to 31/01/2026
    reverting to 2.59% Variable (collared at 2.49%)
    APRC
    2.8%
    Max LTV
    95%
    Product Fees
    £0.00
    Initial Payment
    £759.14
    Total Over
    Speak To A Broker
  • Tipton & Coseley BS Fixed
    Rate
    3.09%
    3.09% Fixed to 30/11/2025
    reverting to 4.94%
    APRC
    4.3%
    Max LTV
    99%
    Product Fees
    £0.00
    Initial Payment
    £762.47
    Total Over
    Speak To A Broker
  • Tipton & Coseley BS Fixed
    Rate
    3.09%
    3.09% Fixed to 30/11/2025
    reverting to 4.94%
    APRC
    4.3%
    Max LTV
    99%
    Product Fees
    £0.00
    Initial Payment
    £762.47
    Total Over
    Speak To A Broker
  • Barclays Mortgage Fixed
    Rate
    3.25%
    3.25% Fixed to 31/01/2026
    reverting to 2.59% Variable (collared at 2.49%)
    APRC
    2.9%
    Max LTV
    100%
    Product Fees
    £0.00
    Initial Payment
    £775.86
    Total Over
    Speak To A Broker
  • Family Building Society Fixed
    Rate
    3.29%
    3.29% Fixed to 31/03/2026
    reverting to 4.39%
    APRC
    4.0%
    Max LTV
    95%
    Product Fees
    £599.00
    Initial Payment
    £779.22
    Total Over
    Speak To A Broker
  • Nationwide BS Fixed
    Rate
    3.54%
    3.54% Fixed for 5 years
    reverting to 3.59%
    APRC
    3.7%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £800.46
    Total Over
    Speak To A Broker
  • Nationwide BS Fixed
    Rate
    3.54%
    3.54% Fixed for 5 years
    reverting to 3.59%
    APRC
    3.7%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £800.46
    Total Over
    Speak To A Broker
  • Reliance Bank Fixed
    Rate
    3.60%
    3.60% Fixed to 31/01/2026
    reverting to 4.00%
    APRC
    3.9%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £805.61
    Total Over
    Speak To A Broker
Representative Example
Disclaimer

Credit will be secured by a mortgage on your property. 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.

Quick Links

Quick links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use quick links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go to Provider' or 'Speak to a Broker' button, when you call an advertised number or when you complete an application.

What are the best three-year first-time buyer mortgages?

What are first-time buyer five-year fixed rate mortgages?

First-time buyer five-year fixed rate mortgages are those that are specifically aimed at first-time buyers and are fixed for five years. They’re typically available at 95% LTV, meaning that buyers need only provide a 5% deposit to get their foot on the ladder. Not only that, but these mortgages are ideal for new buyers who are keen to manage their finances over a longer period by knowing exactly how much their mortgage will cost them each month for half a decade. Five-year mortgages often come with a higher rate than shorter-term deals – particularly at higher LTVs – however they have the advantage of fixing the rate (and therefore repayments) for longer, so for many, the trade-off is worth it.

How our first-time buyer five-year fixed rate comparison chart works

Our first-time buyer five-year fixed rate mortgage comparison chart is a simple and easy way of comparing all the five-year fixed rate mortgages for first-time buyers that are currently available on the market. If a mortgage can be applied for directly through our website, it is shown at the top of the chart (as highlighted by the ‘Go To Provider’s Site’ button) and the mortgages below are arranged to show the best rates first. The results can be easily refined by changing the filters above the comparison table – searchers can change the amount they want to borrow, the property value, how they want to repay and the overall term, as well as the region they’re looking to buy in and any specialist refinements (such as if it is a self-build property).

How to choose the right first-time buyer five-year fixed rate mortgage for you

When choosing the right five-year fixed rate mortgage as a first-time buyer it is important to decide if this term is the right option, keeping in mind that better rates could be found by fixing for a shorter period. If a five-year term is the right choice then it is important to look at all areas of the mortgage deal including the rate, any initial charges and whether flexible features (such as payment holidays) or incentives are included in the package to decide if it is the right choice for your circumstances.

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