Compare First Time Buyer Mortgages

Compare the best first time buyer mortgages available in the UK side by side and quickly find the cheap first time buyer mortgage deals that suit your needs. Our first time mortgage comparison makes it easy to find the cheapest mortgage rates for 1st time buyers available from lenders so you get the best start on the property ladder.

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		Type	Initial Deal		ERC	Subsequent Rate	APR	Max LTV
		Type	Interest Rate	End Date	ERC	Subsequent Rate	APR	Max LTV
Promoted Results
	HSBC 2 Year 2.19% Discount 60% LTV £500K £1,999 Fee	Variable	1.75%	24 months		3.94%	3.8%	60%	0800 077 4270
	HSBC 2 Year 1.89% Fixed 60% LTV £500K £1,999 Fee	Fixed Rate	1.89%	31 Aug 2015		3.94%	3.8%	60%	0800 077 4270
	Yorkshire BS 2 Year 2.19% Fixed 60% LTV £1M £500 Cashback £345 Fee	Fixed Rate	2.19%	30 Jun 2015		4.99%	4.6%	60%
	Chelsea Building Society 2 Year 2.24% Fixed 75% LTV £1M £1,545 Fee	Fixed Rate	2.24%	31 Jul 2015		5.79%	5.3%	75%
	Yorkshire BS 2 Year BBR+1.74% Tracker 75% LTV £1M £845 Fee	Tracker	2.24%	30 Jun 2015		4.99%	4.6%	75%
	HSBC BBR+1.78% Tracker 60% LTV £500K £1,999 Fee	Tracker	2.28%	---		---	2.4%	60%	0800 077 4270
	Chelsea Building Society 5 Year BBR+1.79% Tracker 75% LTV £1M £1,545 Fee	Tracker	2.29%	31 Jul 2015		3.14%	4.7%	75%
	Santander 2 Year 2.29% Fixed 60% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.29%	02 Jul 2015		4.74%	4.4%	60%
	Yorkshire BS 2 Year 2.29% Fixed 75% LTV £1M £845 Fee	Fixed Rate	2.29%	30 Jun 2015		4.99%	4.6%	75%
	Post Office 2 Year 2.35% Fixed 60% LTV £1M £1,190 Fee	Fixed Rate	2.35%	31 May 2015		4.49%	4.3%	60%	0121 270 3340
	Principality Building Society 2 Year 2.39% Fixed 60% LTV £500K £999 Fee	Fixed Rate	2.39%	30 Jun 2015		4.99%	4.8%	60%
	Santander 2 Year 2.39% Fixed 70% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.39%	02 Jul 2015		4.74%	4.5%	70%
	Available only to those that have a current account with the lender.
	Santander 2 Year 2.39% Fixed 70% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.39%	02 Jul 2015		4.74%	4.5%	70%
	Available only to those that have a current account with the lender.
	Yorkshire BS Offset 2 Year 2.39% Fixed 60% LTV £1M £500 Cashback £345 Fee	Fixed Rate	2.39%	30 Jun 2015		4.99%	4.6%	60%
	Santander 2 Year 2.44% Fixed 70% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.44%	02 Jul 2015		4.74%	4.4%	70%
	Santander 2 Year 2.44% Fixed 70% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.44%	02 Jul 2015		4.74%	4.6%	70%
	Santander 2 Year BBR+1.94% Tracker 70% LTV £1M £250 Cashback £995 Fee	Tracker	2.44%	24 months		4.74%	4.5%	70%
	Yorkshire BS Offset 2 Year BBR+1.94% Tracker 75% LTV £1M £845 Fee	Tracker	2.44%	30 Jun 2015		4.99%	4.6%	75%
	Post Office 3 Year 2.45% Fixed 60% LTV £500K £1,690 Fee	Fixed Rate	2.45%	31 May 2016		4.49%	4.2%	60%	0121 270 3340
	Chelsea Building Society 2 Year BBR+1.99% Tracker 75% LTV £1M £500 Cashback £745 Fee	Tracker	2.49%	31 Jul 2015		5.79%	5.3%	75%
	Principality Building Society 2 Year BBR+1.99% Tracker 60% LTV £500K £999 Fee	Tracker	2.49%	30 Jun 2015		4.99%	4.9%	60%
	Yorkshire BS Offset 2 Year 2.49% Fixed 75% LTV £1M £845 Fee	Fixed Rate	2.49%	30 Jun 2015		4.99%	4.7%	75%
	Post Office 2 Year 2.55% Fixed 75% LTV £1M £1,190 Fee	Fixed Rate	2.55%	31 May 2015		4.49%	4.3%	75%	0121 270 3340
	Santander 3 Year 2.59% Fixed 70% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.59%	02 Jul 2016		4.74%	4.4%	70%
	Yorkshire BS 5 Year 2.59% Fixed 60% LTV £1M £1,345 Fee	Fixed Rate	2.59%	30 Jun 2018		4.99%	4.1%	60%
	Post Office 5 Year 2.63% Fixed 60% LTV £500K £1,690 Fee	Fixed Rate	2.63%	31 May 2018		4.49%	3.9%	60%	0121 270 3340
	Post Office 3 Year 2.68% Fixed 75% LTV £1M £1,190 Fee	Fixed Rate	2.68%	31 May 2016		4.49%	4.2%	75%	0121 270 3340
	HSBC BBR+2.19% Tracker 70% LTV £1M £599 Fee	Tracker	2.69%	---		---	2.8%	70%	0800 077 4270
	Chelsea Building Society Offset 2 Year BBR+2.19% Tracker 75% LTV £1M £500 Cashback £745 Fee	Tracker	2.69%	31 Jul 2015		5.79%	5.4%	75%
	Santander 2 Year 2.74% Fixed 75% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.74%	02 Jul 2015		4.74%	4.6%	75%
	Santander 2 Year BBR+2.24% Tracker 75% LTV £1M £250 Cashback £995 Fee	Tracker	2.74%	24 months		4.74%	4.6%	75%
	Santander 2 Year 2.74% Fixed 75% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.74%	02 Jul 2015		4.74%	4.6%	75%
	Santander 2 Year BBR+2.24% Tracker 75% LTV £1M £250 Cashback £995 Fee	Tracker	2.74%	24 months		4.74%	4.5%	75%
	Principality Building Society 2 Year BBR+2.29% Tracker 75% LTV £500K £999 Fee	Tracker	2.79%	30 Jun 2015		4.99%	4.8%	75%
	Yorkshire BS Offset 2 Year BBR+2.29% Tracker 75% LTV £1M £500 Cashback £345 Fee	Tracker	2.79%	30 Jun 2015		4.99%	4.7%	75%
	Yorkshire BS Offset 5 Year 2.79% Fixed 60% LTV £1M £1,345 Fee	Fixed Rate	2.79%	30 Jun 2018		4.99%	4.2%	60%
	Post Office 2 Year BBR+2.39% Tracker 75% LTV £1M £1,190 Fee	Tracker	2.89%	31 May 2015		4.49%	4.4%	75%	0121 270 3340
	Yorkshire BS 5 Year 2.89% Fixed 75% LTV £1M £845 Fee	Fixed Rate	2.89%	30 Jun 2018		4.99%	4.2%	75%
	Post Office 5 Year 2.89% Fixed 75% LTV £1M £1,190 Fee	Fixed Rate	2.89%	31 May 2018		4.49%	4.0%	75%	0121 270 3340
	Post Office 2 Year 2.99% Fixed 75% LTV £1M £195 Fee	Fixed Rate	2.99%	31 May 2015		4.49%	4.3%	75%	0121 270 3340
	Santander 5 Year 2.99% Fixed 70% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.99%	02 Jul 2018		4.74%	4.2%	70%
	Santander 2 Year 2.99% Fixed 70% LTV £550K £250 Cashback No Fee	Fixed Rate	2.99%	02 Jul 2015		4.74%	4.4%	70%
	Santander 2 Year 2.99% Fixed 70% LTV £550K £250 Cashback No Fee	Fixed Rate	2.99%	02 Jul 2015		4.74%	4.6%	70%
	Santander 2 Year BBR+2.49% Tracker 70% LTV £550K £250 Cashback No Fee	Tracker	2.99%	24 months		4.74%	4.6%	70%
	Santander 3 Year 2.99% Fixed 75% LTV £1M £250 Cashback £995 Fee	Fixed Rate	2.99%	02 Jul 2016		4.74%	4.5%	75%
	Post Office 3 Year 3.09% Fixed 75% LTV £1M £195 Fee	Fixed Rate	3.09%	31 May 2016		4.49%	4.2%	75%	0121 270 3340
	NatWest 2 Year 3.15% Fixed 75% LTV £450K No Fee	Fixed Rate	3.15%	31 Oct 2015		4%	varies	75%
	Post Office 5 Year 3.15% Fixed 60% LTV £1M £195 Fee	Fixed Rate	3.15%	31 May 2018		4.49%	4.0%	60%	0121 270 3340
	Post Office 2 Year 3.15% Fixed 80% LTV £850K £1,190 Fee	Fixed Rate	3.15%	31 May 2015		4.49%	4.4%	80%	0121 270 3340
	RBS 2 Year 3.15% Fixed 75% LTV £450K No Fee	Fixed Rate	3.15%	31 Oct 2015		4%	varies	75%
	Santander 2 Year BBR+2.69% Tracker 75% LTV £550K £250 Cashback No Fee	Tracker	3.19%	24 months		4.74%	4.6%	75%
	Santander 2 Year 3.19% Fixed 75% LTV £550K £250 Cashback No Fee	Fixed Rate	3.19%	02 Jul 2015		4.74%	4.6%	75%
	Santander 3 Year 3.19% Fixed 70% LTV £550K £250 Cashback No Fee	Fixed Rate	3.19%	02 Jul 2016		4.74%	4.5%	70%
	Chelsea Building Society 5 Year BBR+2.74% Tracker 85% LTV £1M £1,545 Fee	Tracker	3.24%	31 Jul 2015		4.24%	5.1%	85%
	Santander 2 Year 3.24% Fixed 80% LTV £550K £250 Cashback £995 Fee	Fixed Rate	3.24%	02 Jul 2015		4.74%	4.6%	80%
	Post Office 5 Year 3.28% Fixed 75% LTV £1M £195 Fee	Fixed Rate	3.28%	31 May 2018		4.49%	4.1%	75%	0121 270 3340
	Chelsea Building Society 2 Year 3.29% Fixed 85% LTV £1M £1,545 Fee	Fixed Rate	3.29%	31 Jul 2015		5.79%	5.5%	85%
	Santander 5 Year 3.29% Fixed 70% LTV £550K £250 Cashback No Fee	Fixed Rate	3.29%	02 Jul 2018		4.74%	4.2%	70%
	HSBC BBR+2.89% Tracker 80% LTV £1M £599 Fee	Tracker	3.39%	---		---	3.5%	80%	0800 077 4270
	Santander 5 Year 3.39% Fixed 75% LTV £1M £250 Cashback £995 Fee	Fixed Rate	3.39%	02 Jul 2018		4.74%	4.4%	75%
Full Results
	Chelsea Building Society 2 Year 1.74% Fixed 60% LTV £1M £1,545 Fee	Fixed Rate	1.74%	31 Jul 2015		5.79%	5.2%	60%
	HSBC 2 Year 2.19% Discount 60% LTV £500K £1,999 Fee	Variable	1.75%	24 months		3.94%	3.8%	60%	0800 077 4270
	HSBC 2 Year 1.89% Fixed 60% LTV £500K £1,999 Fee	Fixed Rate	1.89%	31 Aug 2015		3.94%	3.8%	60%	0800 077 4270
	C&G 2 Year BBR+1.39% Tracker 60% LTV £1M £2,240 Fee	Tracker	1.89%	31 Aug 2015		3.99%	3.9%	60%
	C&G 2 Year BBR+1.39% Tracker 60% LTV £1M £2,240 Fee	Tracker	1.89%	31 Aug 2015		3.99%	3.9%	60%
	C&G 2 Year BBR+1.39% Tracker 60% LTV £1M £2,240 Fee	Tracker	1.89%	31 Aug 2015		3.99%	3.9%	60%
	First Direct 2 Year 1.89% Fixed 65% LTV £1M £1,999 Fee	Fixed Rate	1.89%	24 months		3.69%	3.6%	65%
	Lloyds TSB 2 Year BBR+1.39% Tracker 60% LTV £1M £2,359 Fee	Tracker	1.89%	31 Aug 2015		4.19%	3.9%	60%
	Lloyds TSB 2 Year BBR+1.39% Tracker 60% LTV £1M £2,359 Fee	Tracker	1.89%	31 Aug 2015		4.19%	3.9%	60%
	Lloyds TSB 2 Year BBR+1.39% Tracker 60% LTV £1M £2,359 Fee	Tracker	1.89%	31 Aug 2015		3.99%	3.9%	60%
	Available only to those that have a current account with the lender.
	Chelsea Building Society Offset 2 Year 1.94% Fixed 60% LTV £1M £1,545 Fee	Fixed Rate	1.94%	31 Jul 2015		5.79%	5.2%	60%
	NatWest Int Sols 2 Year 1.95% Fixed 60% LTV £2M £1,495 Fee	Fixed Rate	1.95%	31 Oct 2015		4%	varies	60%
	Chelsea Building Society 3 Year 1.99% Fixed 60% LTV £1M £1,545 Fee	Fixed Rate	1.99%	31 Jul 2016		5.79%	4.9%	60%
	Halifax 2 Year 1.99% Fixed 60% LTV £1M £2,260 Fee	Fixed Rate	1.99%	31 Aug 2015		3.99%	3.9%	60%	0845 5089113
	Halifax 2 Year 1.99% Fixed 60% LTV £1M £150 Cashback £2,260 Fee	Fixed Rate	1.99%	31 Aug 2015		3.99%	3.9%	60%	0845 5089113
	Available only to those that have a current account with the lender.
	Halifax 2 Year 1.99% Fixed 60% LTV £1M £2,260 Fee	Fixed Rate	1.99%	31 Aug 2015		3.99%	varies	60%	0845 5089113
	Halifax 2 Year 1.99% Fixed 60% LTV £1M £2,260 Fee	Fixed Rate	1.99%	31 Aug 2015		3.99%	varies	60%	0845 5089113
	Available only to those that have a current account with the lender.
	Halifax 2 Year BBR+1.49% Tracker 60% LTV £1M £1,764 Fee	Tracker	1.99%	30 Sep 2015		3.99%	varies	60%	0845 5089113
	C&G 2 Year 1.99% Fixed 60% LTV £1M £2,240 Fee	Fixed Rate	1.99%	31 Aug 2015		3.99%	3.9%	60%
	C&G 2 Year 1.99% Fixed 60% LTV £1M £2,240 Fee	Fixed Rate	1.99%	31 Aug 2015		3.99%	3.9%	60%
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Great selection of offers. Very useful.

Wolf

How to Find the Best Mortgage for First Time Buyers

If you're looking to buy your first home then finding the best first time buyer mortgages is likely to be one of your main priorities. Here's what to look for.

Buying a property will almost certainly be your biggest financial commitment so it’s important that you get your finances in order.

With such a wide range of first time buyer mortgage deals in the marketplace, understanding the choices and finding the right product can be tough. So here's what you need to know:

What to look for in a first time buyers mortgage

When researching a 1st time buyer mortgage, there are three main things that you should consider:

What interest rate will I pay?
What associated fees and charges will I pay?
What first time buyer mortgages am I eligible for?

There are two main types of mortgage deal; fixed rates and variable rates.

A fixed rate mortgage guarantees your repayments for a certain period of time as the rate of interest applied to your mortgage borrowing is set for a certain number of years. This means that you have the certainty that your repayments will not change during that period whatever happens to general interest rates.

A discounted variable or tracker rate is generally linked to either the Bank of England Base rate or a lender’s Standard Variable rate (SVR). These rates will go up and down as interest rates rise and fall and your repayments will change accordingly.

As well as finding the right interest rate for you, it’s also worth checking what associated fees you may incur with your chosen first time buyers mortgage deal.

Many lenders charge a booking or arrangement fee for a fixed or tracker rate deal and you may also have to pay a valuation fee and cover the cost of surveys.

The best mortgage deals for first time buyers generally combine a competitive interest rate with reasonable fees.

In addition, you should be careful to make sure that you are eligible for the first time buyer mortgage deals that you are considering. For example, check that your income fits the lender’s criteria and that you have a big enough deposit to qualify for a particular deal.

Choosing the best first time buyer mortgage deals

With literally hundreds of first time buyer mortgages available in the marketplace, there's plenty of choice.

It's simply a case of finding the best option for your personal circumstances.

You should look for the cheapest first time buyer mortgage deal for the LTV (loan to value) that you need to borrow. Most likely this will combine a low interest rate with low fees.

You can use our first time buyer mortgage comparison tables to research the 1st time buyer mortgage deals that are available from all the lenders that extend mortgages to first time buyers.

Compare First Time Buyer Mortgages

How to Find the Best Mortgage for First Time Buyers

What to look for in a first time buyers mortgage

Choosing the best first time buyer mortgage deals

Mortgages Comparison