First Time Buyer Mortgage

First Time Buyer

Your Guide to Getting a Mortgage for Your First Home

If you’re planning to buy your first home, you’ll likely need a mortgage — a loan that’s secured against the value of the property.

Securing a mortgage for your first home can sometimes feel overwhelming, with lots of decisions to make along the way. That’s where we’re here to help.

Get Your Finances in Shape

The size of your mortgage will depend partly on the deposit you’re able to put down. Generally, the bigger your deposit, the better the mortgage deal you’ll be able to secure — which can help lower your monthly repayments.

Get an Agreement in Principle

We can help you apply for an Agreement in Principle (AIP) from a suitable lender. An AIP is a confirmation that a lender would be willing to consider your mortgage application and indicates the amount they may be prepared to lend.

Having an AIP can give you an advantage when making an offer on a property, showing sellers and estate agents that you’re serious and ready to proceed.

You can complete your full mortgage application once you’ve had an offer accepted.

Find the Right Mortgage Deal

As a first-time buyer, it’s important to find a mortgage that suits your individual needs. We can talk you through a wide range of products from across the market — from fixed-rate and variable-rate deals to capped rates and offset mortgages.

If affordability is a concern, you may also be eligible for help through a government home ownership scheme. We’ll explore all your options with you.

The key is finding a mortgage that’s right for you — and we’ll make sure you do.

Complete Your Application

When you’re ready, we’ll guide you through the full mortgage application process, including providing details about the property and the mortgage you’ve chosen.

Important: Your property may be repossessed if you do not keep up repayments on your mortgage.