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Helping you take that first step on the property ladder

First time buyer mortgages.

  • Gifted deposit and equity accepted up to 75%
  • Up to 4 applicants accepted
  • Automated valuations accepted
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Specialist finance Lender of the year


Mortgage Introducer

• Over 1,200 reviews

• Over 1,900 reviews

Specialist finance Lender of the year


Mortgage Introducer

• Over 1,200 reviews

• Over 1,900 reviews

Specialist finance Lender of the year


Mortgage Introducer

• Over 1,200 reviews

• Over 1,900 reviews

Let's calculate how much you could borrow with us
See how much I could borrow

Why choose Together?

Our mortgage key facts
  • 7.99%

    Fixed rates from 7.99%
  • 10.05%

    Variable rates from 10.05%
  • 75% LTV

    Borrow up to 75% of the property's value
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Kate's story

Kate was about to close on a new build home and had a mortgage in place with a high-street bank. That was until they let her down at the last minute, due to historical missed payments on her credit profile. Thankfully we stepped in. Kate first spoke to Together on Christmas Eve and we were able to provide the funds she needed for the purchase in just four working days. Job done.

Figures and details from a real Together mortgage customer. All personal information anonymised. While we aim to lend within the shortest possible timescales, speed of funding varies with every case.

Kate's first-time buyer mortgage with us:
  • £205,000

    Amount sought

  • 14 years

    Desired term

  • 4 days

    Time from application to funding

Borrowing Calculator

Do you want to understand the potential cost of your mortgage or loan?

We can give you an idea of the monthly costs with just a few details like the property value, your deposit amount and how long you need the loan to last.

How much can I borrow?

Common questions about first time buyer mortgages

What is a first time buyer mortgage?

A first time buyer mortgage is specifically for people who are yet to own their own home.

If you have owned any type of residential property before, including property you have inherited, you won’t be classed as a first time buyer, even if you have never bought a property before.

How does a mortgage work for first time buyers?

The process for a first time buyer will differ slightly, as you will need to have a cash lump sum as a deposit. When you come to buy a second house, the equity you have built up in your current property will be used to fund the deposit.

How much deposit do first time buyers need?

With Together, first time buyers need a minimum deposit of 25%, with the rest of the money for the property coming from the mortgage.

What are the other costs involved with buying my first home?

The price of the house isn’t the only cost involved with buying your first property. First time buyers can expect to shell out for a house survey, legal fees, and removals.

What if I am a first time buyer but the person I am buying with isn’t?

If you're a first-time buyer but your partner is not, unfortunately, you'll still need to pay the full Stamp Duty tax.

Do I need protection when taking out a mortgage?

If you find yourself unable to work due to sickness, or lose your job, mortgage protection covers the cost of your monthly payments – usually for 12 months. It isn’t compulsory to take out mortgage protection, however you should have a plan for how you will make your mortgage payments if you encounter unforeseen circumstances.

Overall cost for comparison

For example: A mortgage of £146,000 payable over 22 years, initially on a fixed rate for 5 years at 8.24% (and then on a tracker rate for the remaining 17 years at 1.8% above the Together Homeowner Managed Rate (THMR)) would require 60 instalments of £1,218.87 followed by 204 monthly payments of £1,475.77 plus a redemption administration fee of £100.00. Read more information on THMR.

The total amount payable would be £374,289.28 made up of the loan amount (£146,000) plus interest on the loan (£223,075.42), arrangement fee (£1,495) plus interest on this fee (£1,748.62), broker fee £862 plus interest on this fee (£1,008.24) and the redemption administration fee (£100.00).

The overall cost for comparison is 10.4% APRC representative.

The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.

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Your home may be repossessed if you do not keep up repayments on your mortgage. All mortgages are subject to our terms and conditions.
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