First-Time Buyer Mortgages
Helping you onto the property ladder:
Competitive mortgage rates
for up to 85% Loan-to-Value
Shared Ownership Mortgage
We support the Government's Shared Ownership scheme.
Deposit not always necessary
with the FirstBuy and HomeBuy Direct schemes
Specialist lender
for the teaching profession and those purchasing in the BH and DT postcode areas
Truly personal service
Your own, named mortgage consultant and no automated phone systems
We're award-winning
Named 'Best Local Building Society' in the 2011 What Mortgage Awards and awarded 'Excellence in Treating Customers Fairly' at the Mortgage Finance Gazette Awards 2012.
We examine each application on an individual basis and you will have a named contact from our experienced mortgage team.
Useful first-time buyer mortgage tips podcast
If you are seeking help with your first home purchase we will consider:
- Applications from people on government schemes, such as the HomeBuy Direct options in the Key Worker Living Programme.
Whatever your circumstances, we offer a range of first-time buyer mortgage solutions alongside a dedicated, personal service.
Check out our mortgage product links or call 0800 378 669 to speak to one of our highly trained consultants.
Download or request your FREE Buying your first home booklet containing handy tips and information to guide you through the whole home buying process.
| Product Name |
Interest Rate |
Max % Property Value |
Arrangement Fee |
Application Fee |
|
| 2 Year Discounted Variable Rate |
3.29% |
75% |
£799 |
N/A |
More Details |
- Variable rate is discounted by 1.70% to 3.29% for the first two years then changing to our standard variable rate which is currently 4.99% and remaining on our variable rate terms for the rest of the mortgage
- The overall cost for comparison is 4.8% APR
- Daily interest
- Flexible features available - please see link at the bottom of the page
- £100 contribution towards NUT subscription
- Remortgage Package - Legal fees paid when using our appointed Solicitor (only available in England and Wales)
- An arrangement fee of £799 is payable with the application
- A valuation fee is payable. In the case of remortgage applications the Society will pay the valuation fee for properties which do not exceed £500k in value and where the loan-to-value is no more than 60% of the property value. For all remortgage applications where the property value is more than £500k but less than £800k or the loan-to-value is more than 60% of the property value, a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortgage applications where the property value is more than £800k. For mortgage applications submitted via an intermediary a valuation fee is payable. Remortgage applications where the property value is less than £800,000 a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortage applications where the property value is more than £800,000.
- An Early Repayment Charge of 5% on the amount repaid will be applied during the first two years but will be waived if the Society exceeds any Bank of England Base Rate increase. You can overpay by up to 20% of the loan outstanding per calendar year without charge
- Available for first-time buyers, movers and remortgage customers
Read more about this product
Get in Touch
|
| 3 Year Discounted Variable Rate |
3.49% |
75% |
£799 |
N/A |
More Details |
- Variable rate is discounted by 1.50% to 3.49% for the first three years then changing to our standard variable rate which is currently 4.99% and remaining on our variable rate terms for the rest of the mortgage
- The overall cost for comparison is 4.8% APR
- Daily Interest
- Flexible features available - please see link at the bottom of the page
- £100 contribution towards NUT subscription
- Remortgage Package - Legal fees paid when using our appointed Solicitor (only available in England and Wales)
- An Arrangement Fee of £799 is payable with the application
- A valuation fee is payable. In the case of remortgage applications the Society will pay the valuation fee for properties which do not exceed £500k in value and where the loan-to-value is no more than 60% of the property value. For all remortgage applications where the property value is more than £500k but less than £800k or the loan-to-value is more than 60% of the property value, a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortgage applications where the property value is more than £800k. For mortgage applications submitted via an intermediary a valuation fee is payable. Remortgage applications where the property value is less than £800,000 a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortage applications where the property value is more than £800,000.
- An Early Repayment Charge of 5% on the amount repaid will be applied during the first three years but will be waived if the Society exceeds any Bank of England Base Rate increase. You but you can overpay by up to 20% of the loan outstanding per calendar year without charge
- Available for first-time buyers, movers and remortgage customers
Read more about this product
Get in Touch
|
| 3 Year Fixed Rate |
3.84% |
75% |
£799 |
N/A |
More Details |
- Fixed at 3.84% until 15th February 2015 then changing to our standard variable rate, currently 4.99% for the rest of the mortgage term
- The overall cost for comparison is 4.8% APR
- Daily interest
- Flexible features available - please see link at the bottom of the page
- Remortgage Package - Legal fees paid when using our appointed Solicitor (only available in England and Wales)
- An Arrangement Fee of £799 is payable with the application
- A valuation fee is payable. In the case of remortgage applications the Society will pay the valuation fee for properties which do not exceed £500k in value and where the loan-to-value is no more than 60% of the property value. For all remortgage applications where the property value is more than £500k but less than £800k or the loan-to-value is more than 60% of the property value, a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortgage applications where the property value is more than £800k. For mortgage applications submitted via an intermediary a valuation fee is payable. Remortgage applications where the property value is less than £800,000 a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortage applications where the property value is more than £800,000.
- £100 contribution towards NUT subscription
- Early Repayment Charges based on 5% of the amount repaid will be applied during the fixed rate period, but you can overpay by up to 20% of the loan outstanding per calendar year without charge
- Available for first-time buyers, movers and remortgage customers
Read more about this product
Get in Touch
|
| 5 Year Fixed Rate |
4.34% |
75% |
£799 |
N/A |
More Details |
- Fixed at 4.34% until 15th February 2017 then changing to our standard variable rate, currently 4.99% for the rest of the mortgage term
- The overall cost for comparison is 4.9% APR
- Daily interest
- Flexible features available - please see the link at the bottom of the page
- £100 contribution towards NUT subscription
- Remortgage package - Legal fees paid when using our appointed solicitor (only available in England and Wales)
- An Arrangement Fee of £799 is payable with the application
- A valuation fee is payable. In the case of remortgage applications the Society will pay the valuation fee for properties which do not exceed £500k in value and where the loan-to-value is no more than 60% of the property value. For all remortgage applications where the property value is more than £500k but less than £800k or the loan-to-value is more than 60% of the property value, a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortgage applications where the property value is more than £800k. For mortgage applications submitted via an intermediary a valuation fee is payable. Remortgage applications where the property value is less than £800,000 a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortage applications where the property value is more than £800,000.
- Early Repayment Charges based on 5% of the amount repaid will be applied during the fixed rate period, but you can overpay by up to 20% of the loan outstanding per calendar year without charge
- Available for first time buyers, movers and remortgage customers
Read more about this product
Get in Touch
|
| 2 Year Discounted Variable Rate |
3.69% |
85% |
£799 |
N/A |
More Details |
- Variable rate is discounted by 1.30% to 3.69% for the first two years then changing to our standard variable rate which is currently 4.99% and remaining on our variable rate terms for the rest of the mortgage
- The overall cost for comparison is 5.0% APR
- Daily Interest
- Flexible features available - please see link at the bottom of the page
- £100 contribution towards NUT subscription
- Remortgage Package - Legal fees paid when using our appointed Solicitor (only available in England and Wales)
- An Arrangement Fee of £799 is payable with the application
- A valuation fee is payable. In the case of remortgage applications the Society will pay the valuation fee for properties which do not exceed £500k in value and where the loan-to-value is no more than 60% of the property value. For all remortgage applications where the property value is more than £500k but less than £800k or the loan-to-value is more than 60% of the property value, a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortgage applications where the property value is more than £800k. For mortgage applications submitted via an intermediary a valuation fee is payable. Remortgage applications where the property value is less than £800,000 a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortage applications where the property value is more than £800,000.
- An Early Repayment Charge of 5% on the amount repaid will be applied during the first two years but will be waived if the Society exceeds any Bank of England Base Rate increase. You can overpay by up to 20% of the loan outstanding per calendar year without charge
- Available for first-time buyers, movers and remortgage customers
Read more about this product
Get in Touch
|
| 3 Year Discounted Variable Rate |
3.89% |
85% |
£799 |
N/A |
More Details |
- Variable rate is discounted by 1.10% to 3.89% for the first three years then changing to our standard variable rate which is currently 4.99% and remaining on our variable rate terms for the rest of the mortgage
- The overall cost for comparison is 4.9% APR
- Daily Interest
- Flexible features available - please see link at the bottom of the page
- £100 contribution towards NUT subscription
- Remortgage Package - Legal fees paid when using our appointed Solicitor (only available in England and Wales)
- An Arrangement Fee of £799 is payable with the application
- A valuation fee is payable. In the case of remortgage applications the Society will pay the valuation fee for properties which do not exceed £500k in value and where the loan-to-value is no more than 60% of the property value. For all remortgage applications where the property value is more than £500k but less than £800k or the loan-to-value is more than 60% of the property value, a valuation fee is payable but will be refunded on completion. a valuation fee is payable for all remortgage applications where the property value is more than £800k. For mortgage applications submitted via an intermediary a valuation fee is payable. Remortgage applications where the property value is less than £800,000 a valuation fee is payable but will be refunded on completion. A valuation fee is payable for all remortage applications where the property value is more than £800,000.
- An Early Repayment Charge of 5% on the amount repaid will be applied during the first three years but will be waived if the Society exceeds any Bank of England Base Rate increase. You can overpay by up to 20% of the loan outstanding per calendar year without charge
- Available for first-time buyers, movers and remortgage customers
Read more about this product
Get in Touch
|