Mortgages for first time buyers

We know first time buyers have a lot to consider. You can get an idea of what you could afford, apply for a Mortgage in Principle, or read our helpful guides on what to expect.

Buying your first home with us

Wherever you are in the process of buying your first home, we can help. If you’re not sure where to start, we have lots of useful mortgage help and guides.

Use our mortgage calculator

Want a rough idea of how much you need to budget for a property, or what you can afford?

Our mortgage calculator is simple and commitment-free, and with it you can:

  • Enter a property price to see what the monthly repayment amount would be

  • Enter your monthly repayment budget and see what property you could afford

  • See how changes in mortgage term and interest rate would affect monthly repayments

  • See how much a mortgage would cost you in total over the full term.

Apply for a Mortgage in Principle

Ready to apply for a Mortgage in Principle?

We’re on hand to help you get started:

  • If you’re at the start of your home buying journey, we can confirm your eligibility and let you know how much we're willing to lend you

  • If you’ve found a property you’d like to buy, we can complete your application over the phone

  • If you aren’t eligible for our Co-operative Bank mortgages, we can help you explore other options.

The original ethical bank, connecting people to safe housing

As the UK’s original ethical bank, we support causes that matter most to our customers. Find out how we’re connecting communities to safe housing.

Offering a route to safety with Homes for Ukraine

The UK Government’s Homes for Ukraine scheme helps bring people to safety. Find out how you can help.

Ending youth homelessness with Centrepoint

Our mortgages make a difference. For every eligible mortgage we provide, we give £5 to Centrepoint to help end youth homelessness. (Terms apply)

Help and support

Find the support you need to make buying your first home as simple as possible.

Need more support?

We understand there’s a lot to think about when planning and applying for a mortgage. Read our helpful guides to learn more about the steps involved.

How to apply

Confused about the next steps? Read all about our mortgage application process.

Frequently asked questions (FAQs)

We’ve got answers to questions about mortgage types, eligibility, buying a house, and much more.

Call us

You can call us on 08000 288 288 (call charges) to:

  • Book, change or cancel an appointment with a mortgage adviser

  • Check the progress of your application.

Mortgage guides

Our most popular guides can help you prepare for your application and manage your mortgage.

First time buyers guide

Our first time buyers guide is for people who want to better understand the many steps of buying a home, from the essentials of saving a deposit and getting mortgage ready, right through to our best tips for a straightforward moving day.

Find out more about buying your first home

Buying a house step-by-step

We know buying a home can seem a little daunting. It’s probably the biggest financial commitment of your life and it can sometimes be a complicated and lengthy process. To help you with this, The Co-operative Bank has created this step by step guide to buying a home.

Read our helpful guide to buying a home

First time buyers schemes

Buying your first home is an exciting but often overwhelming process, especially when considering all the costs involved. This guide will explain some of the mortgage products and homeownership schemes that are worth considering if you’re a first time buyer.

Read about help available for first time buyers

Explore our other mortgage guides

The costs of buying a home

The costs of buying a home

Different types of mortgages

Different types of mortgages

95% mortgages

Learn how 95% mortgages work

Moving home checklist

Moving home checklist

Fixed rate mortgages

Learn how fixed rate mortgages work

Tracker mortgages

Learn how tracker mortgages work

Not found what you're looking for?

Contact our support team