Mortgages for first time buyers
If you’re ready to buy your first home, you’ve come to the right place.
We help more people get their first mortgage than anyone else.*
Information:
* Source based on the number of residential first time buyer mortgage completions in the UK by banking brand, January to December 2024. Provided by CACI Ltd Mortgage Market Database.
Find out how much you can borrow
Our mortgage calculator will give you a rough idea of what you could borrow. It will ask for your main income details, an estimate of the property value and your deposit amount.
Compare mortgage rates
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.
Our Helping Hand Mortgage
Borrow up to 33% more - 6 times your income - with either 5 or 10 year fixed rate mortgage. Conditions apply.
95% Mortgages
Saving for a deposit can be hard. That's why we offer first time buyer mortgages up to 95% loan to value (LTV).
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 cashback of £500 or more for choosing us
Imagine what you could do in your new home with £500. That’s what you get when you move in with a Nationwide first time buyer mortgage.
You will receive the money within 1 month of completion. If applying jointly, you both need to be first time buyers – you can’t have had a mortgage in the last 3 years. It’s £500 total whether you’re buying your home alone or with someone else.
And if the home you’re buying is really energy efficient, you could get another £250 to £500 on top. Conditions apply.
Important:
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.
Our step-by-step guide to buying your first home
We’ll take you through the process of buying your first home. Including how much deposit you may need, mortgage types and what happens during the application process.
Get your finances mortgage ready
Not quite ready financially? Check out our tips to improve your chances of getting a mortgage and boost your credit rating.
Related links
- Use a gift as a deposit
- Mortgage fees and charges
- Mortgage application proofs
- Get rewarded for buying a greener home
Contact us
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.