As one of the UK’s leading first-time buyer specialists, we help thousands of customers like you step onto the property ladder every month.
With rising rents and the cost of living to think about, saving up thousands of pounds can feel overwhelming. The good news? There are options.
At First Mortgage, we’re here to help you explore what’s possible — with personal, fee-free advice that’s tailored to you.
Whether you have a 5% deposit, gifted savings from family, or you’re wondering if a no deposit mortgage could work in your situation, we’ll guide you through it clearly and honestly.
Because this isn’t just about getting a mortgage.
It’s about getting you home and supporting you long after the keys are in your hand.
Proud to be the UK’s top-rated mortgage advisor on Trustpilot
For over 25 years, we’ve helped hundreds of thousands of people move home with confidence. With over 30,000 5-star Trustpilot reviews, we’re one of the nation’s favourites.
- Our £500 Guarantee
- Low Deposit Options
- Your dedicated expert team
- The right deal for you
- We handle everything (seriously, everything)
No deposit & low deposit mortgages
There are products available that require little or no deposit, making the dream of owning your own home more achievable for some people. Here is a quick guide to some of the types of options available for first-time buyers looking for low deposit mortgage options.
A low deposit mortgage typically allows you to buy a property with a 5% deposit.
For example, if you’re buying a home worth £200,000, a 5% deposit would be £10,000.
While a larger deposit can sometimes give you access to lower interest rates, many lenders offer competitive options for buyers with smaller deposits. We’ll help you understand how your deposit size could affect your monthly payments and the products available to you.
Every recommendation comes with a clear explanation of why it suits your circumstances — so you can move forward with confidence.
100% mortgages (where you don’t provide a deposit) are less common, but they do exist in certain situations.
Some lenders can offer 100% mortgages (with no deposit) for eligible applicants. Other options may involve a guarantor, often a family member, or using savings as security. These arrangements can be more complex, so it’s important to understand the responsibilities involved.
That’s where we come in.
We’ll talk you through:
Whether a no-deposit option is realistic for you
The risks and considerations to be aware of
Alternative routes that could help you buy sooner
If it’s not the right time yet, we’ll help you create a plan to get there. We’re not just here for today’s decision — we’re here for your home-owning future.
There may also be other ways to make homeownership more accessible, depending on your circumstances. These can include Shared Ownership schemes, government-backed buying initiatives, First Homes Fund (Scotland only), builder or developer deposit contribution offers on new-build homes, and specialist mortgage products designed for buyers with unique situations — there are many options out there that may be available to you.
We’ll explain which options are genuinely relevant to you, how they work in practice, and what the long-term considerations are, so you can move forward feeling informed and confident.
Ready to get accepted on a mortgage?
If you’re still getting your head around the process, this is the journey we’ll go on together.
We’ll get to know you and understand your unique situation and priorities. That way, we can tailor our advice to meet your specific needs.
We’ll run the numbers and calculate your borrowing potential. Then we’ll use smart tech to search thousands of mortgage deals from major banks and specialist lenders, securing your mortgage in principle with a mortgage that’s right for your situation.
With a mortgage in principle, you’re in a stronger position when booking viewings as a serious buyer. You can act quickly and make an offer the moment you find your perfect home.
Once your offer is accepted, we’ll manage all the paperwork and coordinate with your lender, solicitor and surveyor to ensure everything runs smoothly.
Your mortgage journey doesn’t end when you get your keys. We’ll monitor your mortgage and be in touch when it’s time to renew or if better deals become available. We can also help protect your home and family with tailored protection advice.
And remember — our advice is fee-free forever.
People first
At First Mortgage, you’ll find people who understand your circumstances and provide friendly, personal and tailored advice, alongside access to over 12,000 leading products.
With over 25 years of experience, we know what works.
How Much Can I Borrow?
Need a quick estimate? Use our calculator.
What's your total annual pre-tax income?