We're here to help first-time home buyers with their mortgages
Getting on the property ladder can be tough. There's the issue of saving your deposit and once you've done that, it's understanding the process which can be super stressful. We understand how difficult this can be, so we're here to help.
A savings account to help save for your house deposit
There is a savings account that has been specially designed to help first-time buyers aged 18-39 get on the property ladder. It's called the Lifetime ISA and you can learn all about it by clicking the link. If you've managed to save a deposit to buy your first home, congratulations you're one step closer to being a homeowner.
Where are you on the mortgage journey?
Exciting times are just around the corner.
Step 1 on your journey is saving for your deposit - if you haven't opened a Lifetime ISA you can open one and start saving today. It could be a great option as it offers a 25% Government bonus on top of your savings. The account is available to those aged 18-39 who are saving for their first home.
Step 2 is understanding what's involved in buying a house and that's where we can help. We have a range of mortgage guides explaining the whole process, what interest rates and credit scores are and an explanation of mortgage terms that are often used like APR and ERC.
Step 3 is to come back and speak to Mortgage Advice Bureau once you've saved your deposit and read our mortgage guides. They'll do all they can to find you the right mortgage for your first home.
So, you've saved up your deposit, but aren't sure what to do next. Don't worry, we've all been in your shoes but we're here to help. Here's a link to a wide range of handy mortgage guides and tools that will help you on your mortgage journey.
When you feel more comfortable about mortgages and are ready to take the next step and talk to a mortgage adviser, our partner Mortgage Advice Bureau will be ready to advise you on the right mortgage either online or face-to-face at one of our building society branches - whichever you're most comfortable with.
Great job! You're ready to start moving with your mortgage and talk to an adviser. We've partnered with Mortgage Advice Bureau because they have years' of experience and a wealth of knowledge helping first-time buyers progress through the mortgage process.
Complete our online enquiry form and answer questions such as the value of the house you want to buy, how much you've saved, how long you want the mortgage term to be and how much you earn. This will give advisers enough info so they can talk you through your options. Or you can speak to an adviser at your nearest building society branch.