First time buyer

Lender Name	Initial Rate	Type	LTV	Total Fees	APR	See More	Do I qualify?
Ulster Bank Ltdfirst time buyer mortgage	2.95%	VARIABLE	83.33%	£625	Ulster Bank Ltd first time buyer mortgage 3.9%	+	Check nowUlster Bank Ltd first time buyer mortgage
	Subsequent Rate 4.00%	Initial Period 25	2 Year Total Cost 17,603	Early Repayment Period 24m	Initial Payment £707.42	Subsequent Payment £785.47
Monmouthshirefirst time buyer mortgage	3.10%	VARIABLE	83.33%	£354	Monmouthshire first time buyer mortgage 4.6%	+	Check nowMonmouthshire first time buyer mortgage
	Subsequent Rate 4.99%	Initial Period 36	2 Year Total Cost 17,613	Early Repayment Period 0m	Initial Payment £719.14	Subsequent Payment £859.00
Leek United BSfirst time buyer mortgage	2.99%	VARIABLE	83.33%	£927	Leek United BS first time buyer mortgage 4.8%	+	Check nowLeek United BS first time buyer mortgage
	Subsequent Rate 5.19%	Initial Period 36	2 Year Total Cost 17,680	Early Repayment Period 0m	Initial Payment £710.54	Subsequent Payment £873.50
Loughborough B.S.first time buyer mortgage	2.99%	VARIABLE	83.33%	£749	Loughborough B.S. first time buyer mortgage 4.8%	+	Check nowLoughborough B.S. first time buyer mortgage
	Subsequent Rate 4.99%	Initial Period 24	2 Year Total Cost 17,799	Early Repayment Period 24m	Initial Payment £710.54	Subsequent Payment £864.01
Chelsea B Societyfirst time buyer mortgage	3.84%	FIXED	83.33%	£664	Chelsea B Society first time buyer mortgage 5.6%	+	Check nowChelsea B Society first time buyer mortgage
	Subsequent Rate 5.79%	Initial Period 26	2 Year Total Cost 17,850	Early Repayment Period 26m	Initial Payment £778.56	Subsequent Payment £934.72

This table is based on a property value of £180,000 and a mortgage of £150,000. This is calculated on a capital repayment basis over 25 years.

These best mortgage rates are an indication of the mortgage deals in the market, but are not necessarily the right mortgage for you. With access to a range of products exclusively available to mortgage brokers, we recommend you call one of our impartial advisers who can help find the right mortgage for you.

Taking your first step onto the property ladder is a big moment, so it’s crucial you get the right advice.

If you are stepping onto the property ladder for the first time, you will need to raise a sizeable deposit. Some lenders will offer you a mortgage in exchange for a 5% down payment (95% loan-to-value), but most will require at least 10% of the property value (90% loan-to-value).

The more cash you can stump up, however, the better the interest rate you may be offered, at the same time increasing your chances of being accepted for a loan. You’ll also need to think about how much you can afford to pay each month and our impartial mortgage experts can help you with this.