1 year first time buyer mortgages
In order to find the best first time buyer deal available, it is important to conduct research into both what kind of mortgage is suited to your needs and what is currently available on the market. Regardless of the interest deal selected, first time buyers searching for a 1 year mortgage deal should carefully consider how they will be repaying their mortgage in the long term, either through a repayment or interest only agreement.
A standard repayment deal may be considered the safer option in the long term, although interest only agreements may be more suitable for customers with less financial freedom. If you are searching for a suitable 1 year mortgage deal, you may wish to see our mortgage comparisons table for more information on the various offers that are available.