First Time Buyer

Learn how to get your first mortgage and buy your first home. Explore our guides and use our calculators to find out how much you can borrow and how much deposit you need. Calculate if Help to Buy can help you get on the property ladder.

First-Time Buyer Guides

Bank of England base rate

The Bank of England base rate is the UK's most influential interest rate and its official borrowing rate. It is currently 0.75% - a historically low figure. The base rate impacts all other interest rates. When the rate is low, it costs you less to borrow money, but means you earn less on your savings.

20 June, 2019

The most affordable places to live in the UK

Ten years after the global financial crisis, its impact is still being felt in parts of the UK where house prices have declined or only slightly increased since 2008.

9 May, 2019

Should I use a mortgage broker, or go direct?

If you’re looking for a mortgage, you might be wondering whether or not you should talk to a mortgage broker or go directly to the lender.

8 May, 2019

How long does it take to get a mortgage?

Mortgages tend to take around 18 to 40 days from application to acceptance, though this varies depending on individual circumstances. If yours is a nice and simple mortgage, it could be quicker, but if it’s a complicated job, it’ll take longer. Here we’ll outline the steps to getting a mortgage and what you can do to speed things up.

8 May, 2019

First-time buyer mistakes to avoid

Thinking about buying your first home? From finding the perfect location to securing a mortgage, shopping for your first home has challenges that go beyond curb appeal and interior features.

2 May, 2019

How long does it take to save up a deposit?

How long it takes to save up a deposit for a house is influenced by a number of factors including your income versus your outgoings, how much the type of property you want costs and whether you’re saving up alone or if you’ll have help.

25 April, 2019

How to improve your credit score

Your credit score gives an indication about the state of your financial history. Unfortunately, improving your credit score is not an easy fix – you will have to change your financial behaviour and stick at it for a while.

18 March, 2019

Credit score guide

Your credit score is an indication of your financial behaviour, which lenders scrutinise every time you apply for credit in any form.

7 February, 2019

90% LTV mortgages

Whether you’re buying your first place, remortgaging or moving house, a 90% loan-to-value (LTV) mortgage is a pretty good place to start.

5 February, 2019

Joint mortgages

Joint mortgages are pretty much the same as regular mortgages except that there can be up to four different names on the deeds instead of one. You can jointly buy a property with a spouse, partner, friend, family member, or even business partner.

4 February, 2019

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