First Time Buyer

Looking to take your first step on the property ladder? Find out what to expect when you get your first mortgage, what kind of mortgage you might be interested in, and what you’ll pay for with our guides.

Starting your journey

New to mortgages? Find out how mortgages work and the steps you need to take before buying your first home. 

First time buyer guide

How does a mortgage work?

What is a mortgage deposit?

Types of mortgages

How to save for a mortgage

Can I get a mortgage on a low income

Can you get a mortgage with bad credit?

Buying a house

Basic mortgage terms explained

How long does it take to get a mortgage

How much can you borrow on a mortgage

Can I get a mortgage while on maternity leave?

Mortgage eligibility explained

Gifted deposits

Ready to start searching for your first home?

  • An Agreement in Principle (AIP) lets you know how much you could borrow before you apply for a mortgage
  • Estate agents often ask to see an AIP. It shows that you're serious about buying
  • No effect on your credit rating even if you're declined.
Agreement in Principle

Finding your dream home

We are here to support you to find your first home. Take a look at our handy tips to make the search easier. 

Agreement in Principle explained

Questions to ask when buying a house

Cost of buying your first home

What happens if you're turned down for a mortgage?

Making an offer

Have you already found your dream home? We've put together some useful guides to help you apply for your first mortgage and exchange contracts. 

How to apply for a mortgage

What is Stamp Duty?

Freehold and leasehold explained

What is home equity?

Getting Insurance when buying a house

What is loan to value ratio?

What is gazumping?

Exchange of contracts explained 

Moving in

We've got some tips for planning your move, but it doesn't end there. There are still things to do once you've moved in. This includes paying back your mortgage or making home improvements.

Checklist for moving house

Eco Home Hub

Repaying your mortgage

Events for first time buyers

From working out your budget to getting the keys to your first home, we’re here to help. We’re running free online events for first time buyers, available to everyone, you don’t even need to be an existing Lloyds Bank customer.

Our mortgage experts will help you find out about:

  • Starting Out: Saving for a deposit and government schemes available
  • House Hunting: Finding the right property for you
  • Other costs: Protecting you and your home, other costs to consider
  • Journey to Completion: Valuations, surveys and the final stages to getting your keys.
Find a free event Free events for first time buyers

How much could you borrow?

Use our online calculator to get an idea of how much you could borrow, see current interest rates and compare monthly payments.

Mortgage calculator

Related topics

Build up your credit score

How much does it cost to move house?

Mortgage calculators and tools

Mortgage overpayment explained

Contact us

Whether it's on the phone, by video or in branch, speaking to our mortgage advisers has never been easier.

Get in touch