Mortgages for first time buyers
There’s so much to think about when buying your first home, including knowing how much you can borrow, what type of mortgage is right for you and how much you need for a deposit.
Our guides and mortgage calculator can help you get ready and know what happens at each step.
Our step-by-step guide to buying your first home with us
We'll show you each step to buying your first home, including how much deposit you may need, the types of mortgages we have and what happens when you apply for a mortgage with us.
Are you ready to buy your first home?
Not sure where to start? Follow our tips on getting your finances mortgage ready. And our mortgage calculator and rates checker can help you plan your monthly payments.
We're here to help if you don't think you can borrow enough or have a small deposit. We might be able to offer you a way to borrow more, so you can buy your first home.
Get your finances mortgage ready
Find out how much can you borrow
Compare mortgage rates
Get a Decision in Principle
You’ll need a Decision in Principle before you can apply for a mortgage with us.
- Know instantly what we’d be prepared to lend you.
- It can take about 20 minutes to complete.
- It won’t affect your credit rating.
- You can use it for up to 90 days while you search for a property.
If you’re trying to buy your first home, we can help you in all kinds of ways
Any amount of savings towards a deposit is something to be proud of. But if you’re struggling to save more than 5% for a deposit, we have first time buyer mortgages that may help below.
And you’ll get £500 cashback when you complete a mortgage with us too.
If you’ve been given your deposit as gift, find out what you need to do on our Gifted deposit page.
Saving for a deposit can be hard. That's why we offer first time buyer mortgages up to 95% Loan To Value (LTV).
Our Helping Hand Mortgage
Affordable home schemes
Laura and Jonny’s story
We have a range of support and mortgages to give first time buyers a helping hand. Like Laura and Jonny.
I mean, when we get those keys...
I just think...
It's going to be such a relief, innit. A relief but also
Like all that work we've put in to get to that position.
But even for the kids and stuff now, it would be beautiful
for them to be able to say 'Mum and dad have done that.
They've got their own place.' That even for, like, as an inspiration.
It's great to get there, isn't it?
Like to be able to say, this is our home.
Yeah. No, of course, this is a big achievement.
- Use a gift as a deposit
- Mortgage fees and charges
- Mortgage application proofs
- Family Deposit Mortgage
- Get rewarded for buying a greener home
If you have any questions about Nationwide mortgages or you’re not sure where to begin, just get in touch and we'll be happy to help.
Monday to Friday, 8am to 6pm.
Saturday 8.30am to 4pm.
Closed Sundays and bank holidays.
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.