Skip to content Go to accessibility help
We use cookies to keep our websites easy to use and relevant to our users' requirements and to enable us to learn which advertisements bring users to our website. We do NOT use cookies to collect any personal information about you. By continuing to browse our web pages, you agree that we may use cookies for these purposes. Find out more.×

1st place for your first place

Move into your first home with a mortgage from the Best Regional Mortgage Lender

Applicants must be aged 18 or over. All loans are subject to status.

Helping first time buyers

New can be scary. As a first-time buyer the whole process is new to you, which can be intimidating. Our first-time buyer mortgage products give you the benefit of our years of experience as a lender. We'll be there on your journey to offer advice. Our advisors can help you find the right mortgage for you, and our mortgage calculator and other online tools can help you to steer your course.

Your home may be repossessed if you do not keep up repayments on your mortgage

The benefits our first-time buyer mortgages provide

Our first-time buyer mortgage products are designed to reassure and reward you, to help make the process of getting your first mortgage as pleasant and enjoyable as possible. To qualify for a Yorkshire Bank first time buyer mortgage, you must be aged 18 or over. At least one party to the mortgage should never have had a mortgage or not had a mortgage in the last 12 months. All loans are subject to status and security will be required.

  • First time buyer mortgages over £75,000 get £750 cashback at mortgage drawdown. Other fees may apply. Offer extended until 31st July 2017 (Previously available from 13/04/17 to 12/06/17). Also available on other selected mortgages.
  • First time buyer mortgages under £75,000 get £250 cashback at mortgage drawdown with our first-time buyer mortgages.
  • Fixed interest rates - Have the comfort of knowing what your monthly repayments will be for your fixed term.
  • Expert advice - Get the right help and advice you need to help you find the right mortgage.
  • Home insurance discount - Get a no claims discount on our home and contents insurance, provided by RSA.*
  • No arrangement fee. Other charges may apply. Early Repayment Charge applies during fixed rate period.
  • Free standard valuation.

Maximum first-time buyer mortgage loan amount is £999,999.

* Applies to new home insurance customers who have not claimed on their home insurance in the past 4 years and may not be used in conjunction with any other offer.

Representative example

A mortgage of £100,680 payable over 34 years, initially on a fixed rate of 2.89% for 3 years and then our Standard Variable Rate, currently 4.70%, for the remaining 31 years. This would require 38 monthly payments of £387.92 and then 369 monthly payments of £486.34 plus one final payment of £492.95.

The total amount payable would be £194,888.37 made up of the loan amount plus interest (£94,013.37), arrangement fee (£0), valuation fee (£0), CHAPS/telegraphic transfer fee (£0) and security release fee (£195).

The overall cost for comparison is 4.4% APRC representative.

Our first time buyer mortgages

Please review our table of mortgage products. Refer to “customer type” column on the table of mortgage products for specific first time buyer products. Other mortgages are available for those buying their first home however the above first time buyer mortgage product benefits only apply to first time buyer specific mortgages.

Find out more about our first time buyer mortgages

Enquire online

Arrange a branch or phone appointment with one of our mortgage advisors.

Complete our online form and we'll call you back to discuss your enquiry.

Enquire online

Help with your first time

Your mortgage award - best mortgage lender 2016-2017

Saving for your mortgage deposit?

We know saving for a deposit for your first home is difficult. With a Help to Buy ISA, the government will pay a bonus of 25% on account balances between £1,600 and £12,000 when you purchase your first home in the UK. Terms and conditions apply, this bonus amount is paid directly to the conveyancer and is not released if the house purchase is not completed. Only available for house purchases under £250K (or under £450K in London). Withdrawing from your ISA will reduce your balance saved and impact the bonus the government will pay.

Please refer to our Help to Buy: ISA webpage for more details#

#There are eligibility criteria and terms & conditions for the Help to Buy: ISA. The account holder must be a UK resident. The product is only available to first time buyers who have never owned a property.

You can also refer to www.helptobuy.gov.uk to understand more about the benefits provided by the government.


More help with mortgages

Girl planning her new home

Supporting you on your journey

We’ve created a range of tools and guides to help you understand the mortgage process.

Find out more about the mortgage journey

Family

Financial aspects to consider

Make sure you’re aware of the costs of buying a home and how many factors can influence the mortgage rate you get.

Find out more about financial aspects

Ready to apply?

Found a product you're interested in? Arrange a branch or phone appointment with one of our mortgage advisors.

Call to book an appointment
0800 023 2201

Not got time to talk right now?

Complete our online form and we'll call you back to discuss your enquiry.

Enquire online

Need more information

Our advisors are on hand to help with your mortgage queries.

Live chat with an advisor

Or call us on:
0800 023 2201

We're here
Mon-Fri 8am-8pm, Sat 9am-5pm and Sun 10am-4pm