Tips on buying your first home
Getting the right information and meaningful advice is critical, so we've pulled together the most important things you need to know in our first time buyers guide to help you on your journey to becoming a homeowner.
Know your numbers - find out how much you could borrow
- Borrow for up to a 35 year term with a Capital Repayment mortgage
- Make additional payments and overpayments subject to your mortgage terms
Get a Decision in Principle
A Decision in Principle (also know as an Agreement in Principle) is an accurate indication of your borrowing potential, and is a useful marker for estate agents when you're viewing properties.
The DiP is not binding – it's not a guarantee that we will lend to you, nor does it mean you must borrow from us. It helps you to understand your borrowing potential based on what you tell us and our security checks, including a soft credit check.
We'll need to make an enquiry against your credit history, however, this is not a full credit check and won't appear on your credit file.
Find your property and make an offer
Need advice and guidance?
Apply for a mortgage by making an appointment with one of our dedicated mortgage advisers.
Already know which mortgage you’d like to apply for?
You can complete your application entirely online. However, please note you won’t receive advice.
How to apply
Applying for a mortgage involves two stages, firstly getting a Decision in Principle; secondly making a mortgage application.
Already started an application?
If you started a mortgage application over the phone, in branch or online, you can log on to complete it or track its progress.