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First time buyer rates


Searching for a mortgage deal can feel like a minefield, but our expert team at Which? Mortgages Advisers can help cut through the jargon. These mortgage rates are an indication of the first time buyer deals in the market, but are not necessarily the right mortgage for you. Give us a call today and get started on your mortgage journey by speaking to one of our qualified advisers about the first time buyer deals available to you. We can arrange a mortgage in principle for you and help you take those first steps towards securing a mortgage.

Hanley Economic
INITIAL RATE
1.85%
TYPE
VARIABLE
TOTAL FEES
£35
APRC
4.7%
24 payments at £624.52
then 276 at
£871.27
SEE MORE
subsequent RATE
5.19%
INITIAL PERIOD
24
total amount payable over the term
£152,861
early repayment period
0m
initial payment
£624.52
subsequent payment
£871.27
Hinckley + Rugby BS
INITIAL RATE
1.99%
TYPE
VARIABLE
TOTAL FEES
£0
APRC
4.9%
24 payments at £634.66
then 276 at
£914.95
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subsequent RATE
5.89%
INITIAL PERIOD
24
total amount payable over the term
£152,939
early repayment period
0m
initial payment
£634.66
subsequent payment
£914.95
Nationwide B.Soc
INITIAL RATE
2.29%
TYPE
TRACKER
TOTAL FEES
£20
APRC
3.8%
24 payments at £657.17
then 276 at
£780.88
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subsequent RATE
3.99%
INITIAL PERIOD
24
total amount payable over the term
£152,973
early repayment period
0m
initial payment
£657.17
subsequent payment
£780.88
Leek United BS
INITIAL RATE
1.85%
TYPE
VARIABLE
TOTAL FEES
£219
APRC
4.9%
24 payments at £624.52
then 276 at
£891.57
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subsequent RATE
5.44%
INITIAL PERIOD
24
total amount payable over the term
£153,035
early repayment period
0m
initial payment
£624.52
subsequent payment
£891.57
West Bromwich
INITIAL RATE
1.84%
TYPE
VARIABLE
TOTAL FEES
£529
APRC
3.9%
25 payments at £624.16
then 275 at
£796.48
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subsequent RATE
4.24%
INITIAL PERIOD
25
total amount payable over the term
£153,349
early repayment period
0m
initial payment
£624.16
subsequent payment
£796.48

This table is based on a property value of £180,000 and a mortgage of £150,000. This is calculated on a capital repayment basis over 25 years.

If you’re looking for more information on buying your first home download our free mortgage guide or visit our interactive online first time buyer’s guide to find out more about the process.

If you’re looking to secure a first time buyer mortgage call us now to talk to one of our impartial experts who will be able to search the whole market and find the best deal for you based on your personal circumstances, taking into account factors like fees, conditions and suitability. Because our advisers are paid a salary rather than commission, you can be sure that they’re looking for a deal that’s best for you, not us.

Find out more about APRC and how it is calculated here.


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