First time buyers

Our range of mortgages for First Time Buyers, including the FTB Family Deposit, means you could borrow up to 100% of the value of the property you want to buy.

You can find products up to 95% loan to value below and products up to 100% loan to value here.

Our mortgage calculator below is designed to show you how much you could potentially borrow up to 95% loan to value, which products are available to you and how much your monthly payments would be.

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How much can I borrow?

How much can I borrow and what would it cost?

Our mortgage calculator is designed to show you how much you could potentially borrow and how much your monthly payments would be. The amount is based solely on your income without deducting household expenses and financial commitments. Your mortgage adviser will take you through the application process and will calculate the amount you can afford to borrow based on your income after the deduction of those expenses and commitments. Further restrictions may apply for specialist products.

Gross annual income

Applicant 1

Applicant 2 (if applicable)

You could borrow up to:

Mortgage details

Property value

Your deposit

Mortgage term

Your loan-to-value (LTV)

Payment options

Repayment Interest only

Your monthly repayments

Range dependent on the products in the comparison list below

Mortgages for first time buyers

Product	Initial rate	Overall cost for comparison	Max % LTV	Completion fee	Representative Example	Mortgage repayment
Variable Rate Mortgages
2 Year Discount	1.49%	4.7% APRC	80%	£1,499	View Hide	for 24 months find out more
Representative example A Mortgage of £139,026.00, payable over 17 years and 4 months (208 months) initially on a discounted rate for 2 years (24 months) of 1.49% and then on our current standard variable rate of 5.34% for the remaining 15 years and 4 months (184 months) would require 24 monthly payments of £758.83 then 184 monthly payments of £994.49. The total amount payable would be £203,314.95 made up of the loan amount plus interest (£62,334.95) with a £200.00 valuation fee, £1,499.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees and a mortgage exit administration fee of £120.00. The overall cost for comparison is 4.7% representative APRC.
2 Year Discount	2.45%	4.9% APRC	85%	£999	View Hide	for 24 months find out more
Representative example A Mortgage of £240,865.00, payable over 17 years and 7 months (211 months) initially on a discounted rate for 2 years (24 months) of 2.45% and then on our current standard variable rate of 5.34% for the remaining 15 years and 7 months (187 months) would require 24 monthly payments of £1,406.17 then 187 monthly payments of £1,722.94. The total amount payable would be £358,035.76 made up of the loan amount plus interest (£115,626.76) with a £999.00 completion fee, £290.00 valuation fee, £30.00 CHAPS fee, legal fees of £105.00 and a mortgage exit administration fee of £120.00. The overall cost for comparison is 4.9% representative APRC.
2 Year Discount	1.74%	4.7% APRC	90%	£999	View Hide	for 24 months find out more
Representative example A Mortgage of £198,689.00, payable over 17 years and 4 months (208 months) initially on a discounted rate for 2 years (24 months) of 1.74% and then on our current standard variable rate of 5.34% for the remaining 15 years and 4 months (184 months) would require 24 monthly payments of £1,107.20 then 184 monthly payments of £1,424.52. The total amount payable would be £290,528.84 made up of the loan amount plus interest (£90,325.84) with a £999.00 completion fee, £260.00 valuation fee, £30.00 CHAPS fee, legal fees of £105.00 and a mortgage exit administration fee of £120.00. The overall cost for comparison is 4.7% representative APRC.
2 Year Discount	1.99%	4.7% APRC	95%	£999	View Hide	for 24 months find out more
Representative example A Mortgage of £198,689.00, payable over 17 years and 4 months (208 months) initially on a discounted rate for 2 years (24 months) of 1.99% and then on our current standard variable rate of 5.34% for the remaining 15 years and 4 months (184 months) would require 24 monthly payments of £1,130.22 then 184 monthly payments of £1,427.72. The total amount payable would be £291,709.15 made up of the loan amount plus interest (£91,506.15) with a £999.00 completion fee, £260.00 valuation fee, £30.00 CHAPS fee, legal fees of £105.00 and a mortgage exit administration fee of £120.00. The overall cost for comparison is 4.7% representative APRC.
Shared Ownership 2 Year Discount	2.49%	4.8% APRC	95%	£0	View Hide	for 24 months find out more
Representative example A Mortgage of £240,865.00, payable over 17 years and 7 months (211 months) initially on a discounted rate for 2 years (24 months) of 2.49% and then on our current standard variable rate of 5.34% for the remaining 15 years and 7 months (187 months) would require 24 monthly payments of £1,410.78 then 187 monthly payments of £1,723.53. The total amount payable would be £356,977.30 made up of the loan amount plus interest (£115,857.30) with a £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.8% representative APRC.
Specialist Self Employed 3 Year Discount	2.39%	4.5% APRC	80%	£999	View Hide	for 36 months find out more
Representative example A Mortgage of £240,865.00, payable over 17 years and 7 months (211 months) initially on a discounted rate for 3 years (36 months) of 2.39% and then on our current standard variable rate of 5.34% for the remaining 14 years and 7 months (175 months) would require 36 monthly payments of £1,399.27 then 175 monthly payments of £1,701.70. The total amount payable would be £349,962.57 made up of the loan amount plus interest (£107,843.57) with a £999.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees and a mortgage exit administration fee of £120.00. The overall cost for comparison is 4.5% representative APRC.
Fixed Rate Mortgages
Product	Initial rate	Overall cost for comparison	Max % LTV	Completion fee	Representative Example	Mortgage repayment
2 Year Fixed	2.14%	4.9% APRC	90%	£999	View Hide	for 24 months find out more
Representative example A Mortgage of £179,674.00, payable over 21 years and 5 months (257 months) initially on a fixed rate for 2 years (24 months) of 2.14% and then on our standard variable rate of 5.34% for the remaining 19 years and 5 months (233 months) would require 24 monthly payments of £872.14 then 233 monthly payments of £1,147.07. The total amount payable would be £289,953.31 made up of the loan amount plus interest (£108,825.31) with a £999.00 completion fee, a £200.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees, and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.9% representative APRC.
2 Year Fixed	2.79%	5.1% APRC	95%	£999	View Hide	for 24 months find out more
Representative example A Mortgage of £164,114.00, payable over 22 years and 5 months (269 months) initially on a fixed rate for 2 years (24 months) of 2.79% and then on our current standard variable rate of 5.34% for the remaining 20 years and 5 months (245 months) would require 24 monthly payments of £821.32 then 245 monthly payments of £1,028.69. The total amount payable would be £273,554.75 made up of the loan amount plus interest (£107,966.75) and a £220.00 valuation fee, £999.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 5.1% representative APRC.
Shared Ownership 2 Year Fixed	3.49%	5.1% APRC	95%	£0	View Hide	for 24 months find out more
Representative example A Mortgage of £121,951.00, payable over 24 years and 5 months (293 months) initially on a fixed rate for 2 years (24 months) of 3.49% and then on our current standard variable rate of 5.34% for the remaining 22 years and 5 months (269 months) would require 24 monthly payments of £619.01 then 269 monthly payments of £736.61. The total amount payable would be £213,610.26 made up of the loan amount plus interest (£91,404.26) and a £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 5.1% representative APRC.
3 Year Fixed	2.14%	4.6% APRC	80%	£999	View Hide	for 36 months find out more
Representative example A Mortgage of £179,674.00, payable over 21 years and 5 months (257 months) initially on a fixed rate for 3 years (36 months) of 2.14% and then on our standard variable rate of 5.34% for the remaining 18 years and 5 months (221 months) would require 36 monthly payments of £872.14 then 221 monthly payments of £1,133.06. The total amount payable would be £283,577.99 made up of the loan amount plus interest (£102,449.99) with a £999.00 completion fee, £200.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees, and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.6% representative APRC.
Specialist Self Employed 3 Year Fixed	2.79%	4.8% APRC	80%	£999	View Hide	for 36 months find out more
Representative example A Mortgage of £173,383.00, payable over 20 years and 4 months (244 months) initially on a fixed rate for 3 years (36 months) of 2.79% and then on our current standard variable rate of 5.34% for the remaining 17 years and 4 months (208 months) would require 36 monthly payments of £931.90 then 208 monthly payments of £1,133.40. The total amount payable would be £271,002.71 made up of the loan amount plus interest (£96,365.71) and a £999.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.8% representative APRC.
3 Year Fixed	2.59%	4.7% APRC	90%	£999	View Hide	for 36 months find out more
Representative example A Mortgage of £162,849.00, payable over 20 years and 4 months (244 months) initially on a fixed rate for 3 years (36 months) of 2.59% and then on our current standard variable rate of 5.34% for the remaining 17 years and 4 months (208 months) would require 36 monthly payments of £859.21 then 208 monthly payments of £1,061.89. The total amount payable would be £253,661.91 made up of the loan amount plus interest (£89,338.91) and a £220.00 valuation fee, £999.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.7% representative APRC.
Shared Ownership 3 Year Fixed	3.94%	5.1% APRC	95%	£0	View Hide	for 36 months find out more
Representative example A Mortgage of £179,674.00, payable over 21 years and 5 months (257 months) initially on a fixed rate for 3 years (36 months) of 3.94% and then on our current standard variable rate of 5.34% for the remaining 18 years and 5 months (221 months) would require 36 monthly payments of £1,036.17 then 221 monthly payments of £1,157.79. The total amount payable would be £294,012.90 made up of the loan amount plus interest (£114,083.90) and a £30.00 CHAPS fee, £105.00 legal fees, and £120.00 mortgage exit administration fee. The overall cost for comparison is 5.1% representative APRC.
5 Year Fixed	2.74%	4.4% APRC	80%	£999	View Hide	for 60 months find out more
Representative example A Mortgage of £179,674.00, payable over 21 years and 5 months (257 months) initially on a fixed rate for 5 years (60 months) of 2.74% and then on our standard variable rate of 5.34% for the remaining 16 years and 5 months (197 months) would require 60 monthly payments of £924.97 then 197 monthly payments of £1,119.10. The total amount payable would be £277,903.83 made up of the loan amount plus interest (£96,715.83) and a £999.00 completion fee, a £260.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees, and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.4% representative APRC.

We currently have no mortgages that match your requirements

Please check your values in the calculator or get in touch with our mortgage team below.

Helpful Information

How to apply...

The Loughborough mortgage service is tailored to each individual and offered on a fully advised basis where applicable. Our qualified advisers will spend time with you to understand your mortgage needs and financial circumstances before recommending the most suitable solution for you.

There are a number of ways you can arrange to talk to one of our friendly team of Advisers, choose what’s best for you: