See how much your client can borrow with our affordability calculators.
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We’re here to help you support more first-time buyers with their home ownership and property goals.
Why choose us?
Below is a snapshot of some key criteria:
Customers can use gifted deposits from family, friends and other 3rd parties. Please see our Lending Criteria for more information on deposits.
We’ll use multiple income streams to assess affordability. This is up to 100% and includes second jobs. Please see our Income and Packaging guide for more information.
We do a soft credit check at Agreement In Principle (AIP) to allow you to assess credit worthiness.
You can print out an AIP certificate for your customer.
- We may be able to offer enhanced Loan to Income (LTI) ratios depending on your customer's income level and LTV. Our Affordability Calculator will give you a reflection of what your customer can borrow, subject to credit score.
We’ll lend up to 95% LTV on Flats and Houses.
First-time buyers (FTBs) can purchase a Buy to Let.
- We offer Family-backed Mortgages. This is often known as Joint Borrower Sole Proprietor.
- Supporting Shared ownership/Co-ownership mortgages allowing your customers to buy a home if they can’t afford to buy one all at once.
At a glance
Here’s what you need to know about our first-time buyer proposition:
- Our definition of a first-time buyer is a customer who has not owned a property before.
- First-time buyer exclusive products are only available on a capital and interest basis.
- If the mortgage application is made by more than one person, one of the applicants must meet this definition in order to qualify for any first-time buyer exclusive mortgage deals.
- A customer who has a buy to let property but is now seeking to purchase a residential property does not qualify. The customer is not buying for the first-time as they have already bought a property.
