First Time Buyer Mortgage Rates

Compare first time buyer mortgage rates

Latest Deal - NatWest 2 Year Fixed Rate »

Call FREE - 0800 158 2934 

3.69%Reverts to 3.75% after 2 years
  • 2 Year Fixed - 95% LTV Deal (5% Deposit Required)
  • Call FREE - 0800 158 2934


Overall Cost for Comparison 3.80% APRC. This is the cost of the mortgage over the full term. Early redemption charges may apply.

Compare latest first time buyer mortgage rates - use our mortgage tables below to see a selection of market leading mortgage deals - alternatively if you need advice - call our independent mortgage team on 0117 332 6063.

Provider

Type

Initial Interest Rate

Initial Term

Max LTV*Product Fee 
Fixed

2.59%

Reverts to 4.70%

2

Years

80%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

*LTV = Loan to value (how much mortgage you have or require in relation to the value of your property).

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you contact our independent mortgage broker team at - independent mortgage broker or call on 0117 332 6063

Help To Buy Mortgage Deals

Provider

Type

Initial Interest Rate

Initial Term

Max LTV*Product Fee 
Fixed

3.69%

Reverts to 3.75%

2

Years

95%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 3.80% APRC. This is the cost of the mortgage over the full term.
Fixed

3.69%

Reverts to 3.75%

2

Years

95%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 3.80% APRC. This is the cost of the mortgage over the full term.
Fixed
Help to Buy

3.89%

Reverts to 4.24%

2

Years

95%

NoMore Info >
£500 Cashback. Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.
Fixed

3.99%

Reverts to 4.70%

3

Years

95%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.60% APRC. This is the cost of the mortgage over the full term.
Fixed

3.99%

Reverts to 4.70%

3

Years

95%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.60% APRC. This is the cost of the mortgage over the full term.
Fixed
Help to Buy

4.15%

Reverts to 4.24%

3

Years

95%

NoMore Info >
£500 Cashback. Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.
Fixed

4.59%

Reverts to 4.00%

5

Years

95%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.20% APRC. This is the cost of the mortgage over the full term.
Fixed

4.59%

Reverts to 3.75%

5

Years

95%

NoMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.20% APRC. This is the cost of the mortgage over the full term.
Fixed
Help to Buy

4.28%

Reverts to 4.24%

5

Years

95%

NoMore Info >
£500 Cashback. Early redemption charges may apply. Overall Cost for Comparison 4.50% APRC. This is the cost of the mortgage over the full term.

*LTV = Loan to value (how much mortgage you have or require in relation to the value of your property).

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above help to buy mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you contact our independent mortgage broker team at - independent mortgage broker or call on 0117 332 6063

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Compare mortgage rates


When searching for affordable mortgage rates, many first time buyers often find that getting a mortgage deal that is best suited to their circumstances is perhaps not as easy as they had once thought.


To get the best mortgage deal available, prospective borrowers are advised to use the range of consumer tools we made available, such as our mortgage comparisons tables and repayment calculator.


Mortgage rates for first time buyers will obviously vary a great deal depending on type of loan that is selected. The following is a brief explanation of some of the various types:


Repayment Mortgages


For first time buyers, these types of mortgage deal are often chosen, as they will offer a good deal of financial security, assuming the buyer can afford the monthly repayments. Borrowers looking for a repayment mortgage will be expected to regularly repay the initial loan, with interest, until the entire amount has been completely paid off.


Although monthly repayments may be more when compared to those of an interest only mortgage, once the loan has been completely paid off, the customer will own the property outright.


Interest Only Mortgages


An interest only mortgage deal may be more suitable for customers who perhaps do not have as much money available when searching for a suitable loan. The borrower will only be expected to repay the interest on their loan on a monthly basis.


Once this has been fully repaid however, first time buyers should be aware that the entire loan will have to be repaid in full at the end of the agreement by using a suitable investment vehicle.


Mortgage rates for first time buyers with regards to both types of loan are generally calculated based upon a number of factors, including:

 

  • The type of interest rate deal (tracker, fixed rate, offset, variable etc)
  • The size of the deposit the customer is willing to pay
  • The customers previous financial history and credit rating


If you are a first time buyer looking for affordable mortgage rates, feel free to consult our mortgage comparisons table.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker