First-Time Buyer Mortgage Guide UK 2026

Everything you need to know about buying your first home in the UK. From saving your deposit to exchanging contracts, this guide covers government schemes, mortgage options, and the complete buying process.

Key Topics

• How much deposit do first-time buyers need? (minimum 5% with Mortgage Guarantee Scheme)
• Government schemes: Mortgage Guarantee, Shared Ownership, Lifetime ISA
• Stamp duty for first-time buyers: 0% on first £425,000 (2026)
• Getting a mortgage in principle before you make an offer
• The conveyancing and completion process explained

Use our free mortgage calculator to estimate your monthly payments.