Mortgages for first time buyers
Start your journey to owning your first home with Nationwide.
Get clear guidance on the mortgage process, see how much you could borrow, and check our latest mortgage rates
Join Nationwide and you’ll be in good company with over 2 million Nationwide mortgage customers, who benefit from our value and excellent service.
How to buy your first home
We’ll guide you through the exciting journey of buying your first home. From saving for a deposit to choosing your first mortgage, applying, and what to expect at each stage.
- How to get your finances ready.
- Saving for a deposit.
- How to apply for a mortgage.
Get a Decision in Principle
You’ll need a Decision in Principle before you can apply for a mortgage with us. This will take about 20 minutes to complete.
- Know instantly what we’d be prepared to lend you.
- It won’t affect your credit rating.
- You can use it for up to 90 days while you search for a property.
Important information about mortgages:
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.
Let’s get you moving
Plan your monthly payments using our mortgage borrowing and mortgage rates calculators.
Mortgage borrowing calculator
Get an idea of what you could borrow based on your income, property price and deposit. And find out if you qualify for our Helping Hand mortgage.
Mortgage rates calculator
Compare mortgage deals and find out what your interest rate and monthly repayments could be.
Boost your borrowing
We’re here to help if you don’t think you can borrow enough or have a small deposit.
Borrow up to 6 x your salary
- Helped over 17,000 customers get on the property ladder in 2025.
- 5 or 10 year fixed rates available. Conditions apply.
Buy a home with a 5% deposit
- You could borrow up to £750,000 on your mortgage amount. Subject to eligibility and affordability checks.
- Fixed and tracker rates available - with and without fees.
Affordable home schemes
Not sure you can afford to buy your first home? You might be able to apply for a mortgage using an affordable home ownership scheme.
Get £500 cashback when you move in
We’ll pay you £500 within 1 month when you complete on a Nationwide first time buyer mortgage.
If you’re applying jointly, you’ll both need to be first time buyers and not have had a mortgage in the last 3 years. You’ll receive £500 in total.
And if you’re buying an energy efficient home, you could get another £250 to £500 on top. Conditions apply.