Compare First Time Buyer Mortgage Offers

See below for latest selected UK first time buyer mortgage offers from competitive UK lenders.

If you require help on your first time mortgage options use our impartial mortgage advice service or click here if you are 55+ looking for options for borrowing in retirement.


First Time Buyer Mortgage Providers

There are no tables for this criteria

There are no tables for this criteria

Fixed First Time Buyer
Initial Term
5 Years
Initial Interest Rate
Reverts to 3.59%
Product Fee
Call RBS FREE on 0800 096 7447

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

There are no tables for this criteria

There are no tables for this criteria

There are no tables for this criteria

First Time Buyer Mortgages

If you are new to mortgages as a first time buyer there are a number of things you need to be aware of.

In selecting a mortgage you should:

  • Seek to ensure that the mortgage suits your circumstances
  • Ensure you borrow what you can afford
  • Build in flexibility so that if your circumstances change there is room to adapt e.g. a change of job

In selecting a mortgage you have different options. You can go to a lender direct who will provide help and assistance about their own mortgage products or you can use the service of a mortgage broker who will be able to look at a wider panel of mortgage products.

Help To Buy Mortgages

This scheme helps you get on the property ladder by making the cost of a mortgage more affordable.

It allows you to take out a loan which you then add to your deposit for a house you want to buy.

The scheme is available to first time buyers and homeowners looking to move.

The home you want to buy must be newly built with a price tag up to £600,000.

The scheme allows you to put down a smaller deposit with up to 20% of the cost covered by a shared equity loan.


Property Purchase price – £200,000

Your cash deposit – £10,000 (5%)

Shared Equity Loan – £40,000 (20%)

Your Mortgage – £150,000 (75%)

What does it cost?

  • You are not charged fees for the first 5 years of owning your home
  • There is no interest to pay on the loan for the first 5 years – after that you pay a fee of 1.75% of the loan’s value. This increases by RPS (Retail Price Index) which is a measure of inflation plus 1%.
  • Paying fees do not count towards paying back the loan amount.

What happens if you sell your house?

So the scheme requires you to pay back the loan or sell your house after 25 years. How much you pay back will depend on the market value of your house at that time.


Market Value                                          Equity loan taken out                                   Amount

House bought for £200,000                         20%                                             Borrowed £40,000

Sold for £250,000                                               20%                                             Pay back £50,000


Find out more about how you could benefit from a shared equity loan scheme:


NatWest Mortgages

Call NatWest FREE on 0800 158 2934


RBS Mortgages

Call RBS FREE on 0800 096 7447

5 Year Fixed Mortgage Offer – 95% LTV

5 Year Fixed Offer – Clydesdale Bank

  • Initial Rate – 3.54% APR
  • 95% Loan To Value (LTV)
  • 5 Year Fixed
  • £250 CASHBACK for First Time Buyers

Overall cost for comparison 4.6% APRC

Click here for more information »


Post Office

Latest Mortgage Deals…

Post Office provide a mortgage repayment calculator where you can work out how much your monthly payments will be – click here for more details »