First-time buyer
First-time buyer mortgages
Buying your first home with as little as 5% down. We handle the deposit gap, the paperwork, and finding the lender who will actually say yes.
TYPICAL RATE FROM
4.62%
MAXIMUM LTV
95%
MINIMUM DEPOSIT
5%
LENDERS WE CAN USE
68
Who this suits
You have never owned a property and you are buying somewhere to live in. Most first-time buyers we place have between 5% and 15% saved, and many are using a Lifetime ISA or family gifted deposit. Both are fine, but the lender needs the gift documented before the application goes in, not after.
What we do differently
We size the case against the stress rate before approaching anyone. On a £77,000 joint income with £40,000 down, that is roughly £333,000 of borrowing and a £373,000 budget, but the payment a lender tests you against is £2,374 a month rather than the £1,727 you would actually pay. Knowing that number first is what stops an application being declined.
Size the case at this rate
The rate below is pre-filled from this product. Change anything else and watch what happens to the stress-tested payment.
Based on 4.5x income after commitments, stress tested 3 points above the pay rate. Lender criteria vary. An estimate, not a mortgage offer.