First-Time Buyer mortgage rates
Use RateWatch as a mortgage rate tracker for current first-time buyer mortgage rates in the UK by lender, LTV, term and fee.
Where a lender does not publish a separate first-time buyer table, RateWatch uses the lender's equivalent new-buyer purchase table.
Which lenders look competitive for first-time buyers right now?
This page compares first-time buyer mortgage rates. It is built for first-time buyers trying to understand lender pricing by deposit size and product type. It is designed for people searching current mortgage rates UK and checking how lender pricing has moved. The latest lender update included on this page is 13 June 2026, with 7 lenders and 76 current table rows in scope.
- The lowest rate currently captured for this page is 4.37% from Halifax for 2 Year Fixed at 60% LTV.
- The best rates by term in this dataset are spread by about 44 basis points, which is why term choice matters as much as lender choice.
- The freshest lender updates in this view include NatWest, HSBC, Nationwide and Halifax.
- Tracker rates are normalised against the current Bank of England base rate used by RateWatch: 3.75%.
- First-time buyer searches need extra context because a small deposit can push borrowers into higher LTV bands. The page highlights the live rate table, but also explains how deposit size, fees and term choice change the comparison.
Mortgage rate tracker for current UK rates
RateWatch is built for borrowers and brokers who want a mortgage rates tracker that goes beyond a static table. The page brings together lender, LTV, product term, fee tier and update date so you can compare current mortgage rates UK-wide with useful context.
If you are asking how to check mortgage rates daily, start with the update date, then compare similar products rather than mixing borrower types. The latest update in this view is 13 June 2026, so it can help answer what is the mortgage rate today within this first-time buyer dataset. When comparing the best mortgage rate tracker options, look for transparent lender data, clear dates and a way to separate remortgage, new purchase and first-time buyer rates. Unlike a broad interest rate tracker, this view is focused on mortgage products and lender eligibility context.
Best captured rates by product type
Halifax at 60% LTV, GBP 999. Average captured rate: 4.74% across 70 rows.
Halifax at 65% LTV, GBP 999. Average captured rate: 4.75% across 69 rows.
Halifax at 60% LTV, GBP 999. Average captured rate: 4.33% across 53 rows.
How to use this first-time buyer comparison
For first-time buyers, the deposit usually drives the LTV band. A borrower with a 10% deposit is typically looking at 90% LTV, while a larger deposit can open lower-LTV pricing.
The lowest headline rate is not automatically the best choice. Arrangement fees, cashback, affordability rules and how long you expect to keep the mortgage can change the real cost.
In this dataset, the leading captured rate is 4.37% from Halifax, but the right deal depends on whether that product matches your LTV, fee preference and eligibility.
Lender snapshot
This view summarises the strongest captured rate per lender within the current page filters. It is designed to help you spot which lenders deserve a closer look before you use the full table.
2 Year Fixed at 60% LTV, GBP 999. Latest row: 8 June 2026.
2 Year Fixed at 60% LTV, GBP 999. Latest row: 8 June 2026.
2 Year Fixed at 60% LTV, GBP 999. Latest row: 10 June 2026.
2 Year Fixed at 60% LTV, GBP 999. Latest row: 10 June 2026.
2 Year Fixed at 60% LTV, GBP 999. Latest row: 5 June 2026.
2 Year Fixed at 60% LTV, GBP 995. Latest row: 13 June 2026.
2 Year Fixed at 80% LTV, GBP 899. Latest row: 29 May 2026.
How LTV changes the rate
Loan-to-value is one of the biggest pricing levers in UK mortgage rates. Lower LTV bands often price more cheaply because the lender is taking less risk, but the best lender can vary by band.
- 60% LTV: 4.37% from Halifax (2 Year Fixed, GBP 999).
- 65% LTV: 4.55% from Halifax (2 Year Fixed, GBP 999).
- 70% LTV: 4.54% from HSBC (2 Year Fixed, GBP 999).
- 75% LTV: 4.52% from Halifax (2 Year Fixed, GBP 999).
- 80% LTV: 4.55% from Santander (2 Year Fixed, GBP 999).
- 85% LTV: 4.64% from Halifax (2 Year Fixed, GBP 999).
- 90% LTV: 4.65% from HSBC (2 Year Fixed, GBP 999).
- 95% LTV: 4.72% from HSBC (2 Year Fixed, GBP 999).
Seven focused lender entries
This is deliberately not a long rate dump. RateWatch selects up to seven highly relevant rows from the full dataset, ranked by the best matching rate and diversified by lender where possible. The wider row count is still used for the stats and analysis above.
| Lender | Product | LTV | Focused rate | Fee | Updated | Why included |
|---|---|---|---|---|---|---|
| Halifax | First Time Buyer | 60% | Tracker3.96% | GBP 999 | 2026-06-08 | Best captured tracker row for Halifax in this view. |
| Lloyds | First Time Buyer | 60% | Tracker3.96% | GBP 999 | 2026-06-08 | Best captured tracker row for Lloyds in this view. |
| HSBC | First Time Buyer - Residential | 60% | Tracker4.05% | GBP 999 | 2026-06-10 | Best captured tracker row for HSBC in this view. |
| Barclays | New Purchase | 60% | Tracker4.06% | GBP 899 | 2026-05-29 | Best captured tracker row for Barclays in this view. |
| NatWest | New Purchase | 60% | Tracker4.10% | GBP 995 | 2026-06-13 | Best captured tracker row for NatWest in this view. |
| Santander | New Purchase | 60% | Tracker4.22% | GBP 999 | 2026-06-05 | Best captured tracker row for Santander in this view. |
| Nationwide | Home Mover | 60% | 2 Year Fixed4.40% | GBP 999 | 2026-06-10 | Best captured 2 year fixed row for Nationwide in this view. |
Showing 7 focused entries from 76 current rows in this page's dataset.
First-Time Buyer mortgage rate questions
What are first-time buyer mortgage rates?
First-Time Buyer mortgage rates are lender prices for borrowers in this category. The available rate can change by LTV, product term, fee tier, customer type and lender eligibility rules.
Who has the best first-time buyer mortgage rate right now?
The lowest captured rate in this page's current dataset is 4.37% from Halifax for 2 Year Fixed at 60% LTV. Check the fee and Updated column before treating it as the cheapest deal.
How often does RateWatch update these pages?
RateWatch refreshes lender data through scheduled scraper runs and updates these programmatic pages from the latest stored lender rows. Some lenders publish rate tables more frequently than others.
How can I check mortgage rates daily?
Use a mortgage rate tracker that shows the lender, product type, LTV, fee and update date together. RateWatch refreshes its current mortgage rates UK pages from stored lender rows so each page shows when the latest table data was captured.
What is the mortgage rate today?
The lowest captured rate in this page's current dataset is 4.37% from Halifax for 2 Year Fixed at 60% LTV. Check the fee and Updated column before treating it as the cheapest deal.
Why might the lowest headline rate not be the cheapest mortgage?
A mortgage with a lower rate can still cost more if it has a higher product fee, weaker incentives, a less suitable term or eligibility criteria that do not match the borrower.
How RateWatch builds this page
This page is generated from RateWatch's lender-rate database, using current rows marked as latest for the selected product category, LTV and term filters. It is designed as a mortgage interest rates tracker, not a paid advert and not mortgage advice.
The newest lender row in this view is dated 13 June 2026. The oldest row still included is dated 22 May 2026 because lenders do not all publish at the same frequency. The active customer-type filter is: Low fee.
Where a lender does not publish a separate first-time buyer table, RateWatch uses the lender's equivalent new-buyer purchase table.
Before acting, confirm the product directly with the lender or a qualified adviser. Rates can change quickly and borrower eligibility, fees, incentives and affordability checks can materially change the best option.