First time buyers
If your client is a first time buyer we have some options that can help them get on the property ladder.
What we offer first time buyers
We’ve been actively engaging with first time buyers and know that the goal of home ownership has been increasingly challenging. That's why we are offering:
95% LTV mortgages
You client may be eligible for 95% LTV mortgages or loan to income enhancements.
New build property incentives
Your client can take advantage of unlimited building incentives and an extended offer period of up to 16 months. Additionally, they have the option to apply for a shared ownership mortgage.
Ways to get a helping hand from family
By adding the income of 4 individuals to boost affordability, using a gifted deposit, or accessing our Joint Borrower Sole Proprietor mortgages.
Our first time buyer boosts
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Limited Edition: Income boosts
We’ve introduced a new first time buyer loan to income (LTI) multiplier and new variable income criteria to help first time buyers improve their affordability.
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Family boosts
Get a helping hand from family by adding the income of 4 individuals to boost affordability, use a gifted deposit, gifted equity, or access our Joint Borrower Sole Proprietor mortgages.
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New build boosts
Your client can apply for our Shared Ownership mortgage, take advantage of unlimited building incentives, and benefit from an extended offer period of up to 16 months.
Our first time buyer research
Our first time buyer research has shown us that this group are selecting a range of different strategies as they look for ways to secure their first home.
It’s clear that they’re a diverse group and can be at different stages in their life, have different levels of family support, and differing degrees of financial confidence.
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First time buyer research
PDF - 1.16 MB (Opens in a new tab)
