Deposit calculator
Find out how little you might need to save with our deposit calculator.
Choose a purchase price:
Typical minimum
deposit at 15%
Deposit with
FirstBuy loan
Click here to read the full terms and conditions on all our offers.

It's called FirstBuy, but this government-backed scheme could easily be termed an ''easy-peasy buy''. It's designed to help first time buyers, or people who've previously owned, to get back onto the property ladder. Deposits required are lower than normal and you can benefit from the low repayments of an equity loan of up to 20% of the purchase price.

For example, with a 20% FirstBuy loan and a 76% mortgage, your cash deposit could be as low as 4%.

This is how it works:

  • If the purchase price is £180,000, FirstBuy could offer you an equity loan of £36,000.
  • You would only need to find £7,200 towards your deposit.
  • Your mortgage would only be on £136,800.
  • You still own 100% of your new home!

You don't even have to pay any interest on the FirstBuy loan for five years.

If, after five years, you decide to sell your home, you simply repay 20% of the sale price. Availability is limited so if you don't want to miss out, be quick! Talk to us today and see how FirstBuy can work for you.