First-Time Buyer Mortgages: What Help Is Available in 2025?

Lucy Baldwin
Nov 4
3 min read

Buying your first home is one of life’s biggest milestones, but it can also feel like one of the most daunting. Between saving for a deposit, understanding how much you can borrow, and navigating the process of applying for a mortgage, it’s easy to feel overwhelmed.

The good news? There are now more first-time buyer mortgages than ever before, designed to make buying your first home more achievable. Whether you need a low deposit mortgage, help from family, or extra flexibility on repayments, there are plenty of options available in 2025.

Here’s a breakdown of what’s on offer and how expert mortgage advice for first-time buyers can help you find the right deal.

Mortgages Designed for First-Time Buyers

Many lenders now provide a range of first-time buyer mortgage options that make it easier to get onto the property ladder. Some of the most popular features include:

Low or No Deposit Mortgages – ideal if you’ve been renting and have a strong payment record but haven’t been able to save a large deposit.
Family or Income Support Options – where a family member helps with affordability without being added to the property deeds.
Deferred Payment Mortgages – some products let you delay your first few repayments after moving in, giving you time to settle before monthly payments begin.
High Loan-to-Value Mortgages (up to 95% LTV) – buy your first home with as little as a 5% deposit.
Flexible Terms and Higher Income Multiples – certain lenders offer up to 40-year terms and higher borrowing limits to help you qualify for the home you want.

These first-time buyer mortgage products are designed to tackle common barriers, from saving a large deposit to proving affordability, helping more people take that all-important first step into homeownership.

Other Ways First-Time Buyers Can Be Supported

If you’re exploring first-time buyer mortgage options, there are additional ways lenders can support you, including:

Cashback incentives to help with moving costs.
No or reduced fees, which can lower upfront expenses.
Affordable housing and shared ownership mortgages that work with government or developer schemes.
Green mortgages for energy-efficient homes, offering lower rates or cashback rewards.

These flexible choices make first-time buyer mortgages more accessible, especially if you’re balancing rent, savings, and other costs.

What to Look for When Choosing a First-Time Buyer Mortgage

When comparing mortgage options for new buyers, it’s important to look beyond just the interest rate. Consider these key points:

Deposit size – how much can you realistically save, and what products fit your budget?
Repayment flexibility – do you need an option with deferred payments or a longer term?
Term length – longer terms can lower monthly payments but may increase total interest.
Fees and incentives – check for arrangement fees, free valuations, or cashback offers.
Property type – make sure the mortgage suits your home, especially for new builds or flats.

Understanding these details early will help you find the most suitable first-time buyer mortgage for your situation.

Why Getting Expert Mortgage Advice Matters

With so many first-time buyer mortgage deals available, it can be hard to know which one is right for you. That’s where independent mortgage advice can make all the difference.

As experienced mortgage advisors, we can:

✅ Compare deals across a wide range of lenders✅ Explain how much you can borrow and what deposit you’ll need✅ Help you understand your monthly repayments✅ Manage your application from start to finish

Whether you’re buying your first property alone, with a partner, or with family support, we’ll help you find a first-time buyer mortgage that fits your needs and guide you every step of the way.

Ready to Take the First Step Toward Your First Home?

If you’re ready to explore your first-time buyer mortgage options, we’re here to help.

📞 Get in touch today to book a free consultation with a qualified mortgage advisor and take the stress out of buying your first home. With the right mortgage advice for first-time buyers, we’ll help you get there. https://www.major-financial.co.uk/contact