Best first time buyer mortgage

First time buyer mortgages offer some great deals. Our Best Buy table below gives you a quick reference of the most competitive first time buyer mortgages in the UK.

Provider Mortgage Type Initial Rate/Duration Subsequent Rate/Duration The overall cost for comparison Early Repayment Charges  
First time buyer 3.69% until 31/10/2012 5.99% for term 5.90% APR 4% until 31/10/2012
First time buyer 3.99% for 2 years 5.39% for term 5.40% APR 2% for 2 years
First time buyer 3.99% until 31/10/2013 5.99% for term 5.70% APR 4% to 31/10/2013
First time buyer 4.14% until 31/10/2012 5.99% for term 6.00% APR 4% until 31/10/2012
First time buyer 4.89% for 2 years 4.95% for term 5.20% APR 3% for 2 years

* All calculations are based on a £150,000 repayment mortgage at 75% loan to value over 25 years

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