Alexander Hall Mortgages First time buyer mortgages Best mortgage deals for first time buyers

Best mortgage deals for first time buyers

Customise these first time buyer mortgage deals by entering the amount you wish to borrow and then following the 'calculate' buttons to view the monthly payments for that particular mortgage deal.

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First time buyer mortgages

    1. Lender
    2. Initial rate & Lender Fees
    3. Type, period & max loan-to-value(LTV)
    4. Reverting to
    5. The overall cost for comparison
    6. Early Repayment Charges
    7. More details or apply
    1. HSBC mortgage
    2. Initial rate: 0.99% £1499
    3. Fixed Until 31/08/2018
      Up to 65% LTV
    4. Reverting to 3.94%
    5. The overall cost for comparison: 3.7% APRC
    6. Early repayment charges: 2% until 31/08/2017, then 1% until 31/08/2018
    7. Call 08000 38 37 36 or submit an enquiry.

    1. Post Office mortgage
    2. Initial rate: 1.79% £995
    3. Fixed until 31/08/2018
      Up to 80% LTV
    4. Reverting to 4.49%
    5. The overall cost for comparison: 4.2% APRC
    6. Early repayment charges: 3% of loan to be paid until 31/08/2018
    7. Call 08000 38 37 36 or submit an enquiry.

    1. Halifax mortgage
    2. Initial rate: 1.94% £999
    3. Tracker Until 30/09/2018
      Up to 85% LTV
    4. Reverting to 3.99%
    5. The overall cost for comparison: 3.8% APRC
    6. Early repayment charges: 3% of original loan to be paid until 30/09/2018, Then 1.75%
    7. Call 08000 38 37 36 or submit an enquiry.

    1. Nottingham Building Society mortgage
    2. Initial rate: 2.29% £499
    3. Discount 2yrs
      Up to 90% LTV
    4. Reverting to 5.74%
    5. The overall cost for comparison: 5.3% APRC
    6. Early repayment charges: No ERCs
    7. Call 08000 38 37 36 or submit an enquiry.

    1. Nationwide mortgage
    2. Initial rate: 1.49% £999
    3. Tracker 2yrs
      Up to 75% LTV
    4. Reverting to 3.99%
    5. The overall cost for comparison: 3.7% APRC
    6. Early repayment charges: No ERCs
    7. Call 08000 38 37 36 or submit an enquiry.

    1. Woolwich mortgage
    2. Initial rate: 2.49% £999
    3. Fixed 30/09/2018
      Up to 90% LTV
    4. Reverting to 3.99%
    5. The overall cost for comparison: 3.9% APRC
    6. Early repayment charges: 3% until 30/09/2018
    7. Call 08000 38 37 36 or submit an enquiry.

Representative Example

For example, on a repayment mortgage of £345,000 over a term of 27 years on an interest rate of 1.99%, the initial monthly payment would be £1,376 the total mortgage application fees would be £1,560, the total cost of the loan would be £586,145 and the APRC would be 4.3%.

The above example is representative of a typical product that would be available to at least 51% of AHA clients who proceed with a residential mortgage application. It is based upon our data from actual mortgage applications arranged by Alexander Hall during the 3 months June to August 2016.

The actual rates and products available to you will depend on your individual preferences, needs and circumstances and our expert Mortgage Advisers can assist you further.

These mortgages are just a selection from thousands on offer. Please contact us on 08000 38 37 36 so we can match the best mortgage to your personal circumstances at a first time buyer.

There is a wide range of UK mortgage lenders providing a large selection of mortgages to choose from, and useful though it may be to have plenty of choice, it can be daunting and confusing. Contact us to ensure you choose the best mortgage for your needs, whether that is a fixed rate mortgage or base rate tracker mortgage.

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