Mortgages for first time buyers
We are here to help you, because getting your first mortgage doesn’t have to be stressful
- £250 cashback if you've had a current account with us for 3 months or more. Terms apply. Read our terms and conditons for more information.
For every new customer mortgage completed, we give £25 to Centrepoint - a youth homelessness charity, and our charity partner. Learn more about the work we do with Centrepoint.
Get started with our mortgage tools
Check your eligibility online
- Our mortgage in principle request only takes 10 minutes.
- There's no impact on your credit score.
- It's not a commitment to lend. For that you'll need to go through a full application process.
Find your mortgage
Compare our rates and see which mortgage option is right for you.
Your home may be repossessed if you do not keep up with repayments on your mortgage
Documents or information you'll need to apply:
When you apply for a mortgage, we’ll need some things from you, such as:
- Details of your names and addresses for the last 3 years
- Details of your current income
- Details about the property
Costs related to the mortgage
You will likely need a deposit that'll be a minimum of 10% of the new property price.
Our product fee
For certain mortgage products, there'll be a product fee to pay. This is usually in return for a lower interest rate and can either be paid upfront or added to your loan.
Our valuation fee
This covers the valuation that we'll require to ensure that your property is adequate security for our loan to you.
Legal / conveyancing fees
To purchase a property you will need to appoint a solicitor or conveyancer to act on your behalf. They either charge you a flat fee, or a percentage of the value of the property.
Visit The Law Society's website to find a suitable solicitor. We also have a recommended panel of solicitors who can provide you with legal advice for purchasing your first home.
This is charged on residential properties over a certain value. It all depends on particular price brackets – but you’ll only pay the duty you need on the amount over the threshold.
Stamp duty calculator
Make sure you consider other costs such as buildings insurance or buying new furniture and redecorating.
Protect your home
Something as important as your home is worth looking after. Clicking the link below will transfer you to the Co-op Insurance website.
We only serve as your introducer to this service, and as a result may pass on your personal or bank details to Co-op Insurance where necessary.Go to The Co–operative Insurance website
Protect your mortgage
Mortgage protection provided by Aviva Life Services UK Limited.Find out more
See if our FAQs can give you the answer.
General information for regulated mortgagesDownload General information for regulated mortgages PDF (210KB)
The Co-operative Bank reserves the right to change or withdraw any of its mortgage deals at any time. All loans are subject to status and valuation.