Skip to content Skip to primary navigation Skip to secondary navigation
We use cookies to keep our websites easy to use and relevant to our users' requirements and to enable us to learn which advertisements bring users to our website. We do NOT use cookies to collect any personal information about you. By continuing to browse our web pages, you agree that we may use cookies for these purposes. Find out more.×

First time buyer mortgages

1st place for your first place

Move into your first home sooner with a 5% deposit mortgage from an award-winning provider.
Applicants must be 18 or over. All loans are subject to status. Security is required.


Mortgage calculator

Use our mortgage calculators to find out how much you could borrow and estimate your monthly repayments.

How much can I borrow

Calculate mortgage repayments

Your home may be repossessed if you do not keep up repayments on your mortgage

Guiding you through your house buying journey

Buying a house for the first time can be a little daunting. It’s a bit like the first time you do anything, whether that’s riding a bike or falling in love. But once you’ve gained confidence, these occasions are some of the most momentous, exciting moments of your life. From starting out to completing the deal, we’ll help you at each stage of your journey to buying your first house and making it your home.

Best First Time Buyer Mortgage Provider

For the second year running, we’re proud to have won the ‘Best First Time Buyer Mortgage Provider' accolade at the 2015 Moneyfacts Awards. This award endorses the competitiveness of our products and service and our commitment to first time buyers like you.

Benefits of our first-time buyer mortgages

Our first-time buyer mortgage products offer a range of rewards to help get you onto the property ladder. Plus, you can be reassured that we can help make buying your first home as straightforward as possible and get you off to the best possible start. To qualify for the Clydesdale Bank first time buyer mortgage products, you must be aged 18 or over, with at least one party to the mortgage who has never had a mortgage or has not had a mortgage in the last 12 months.

  • Minimum 5% deposit

    We offer 95% mortgages with a 5% deposit or 90% mortgages with a 10% deposit.

  • £250 cashback*

    Get £250 cashback on mortgage drawdown with our first-time buyer mortgage products.

  • Fixed interest rates

    Have the comfort of knowing what your monthly repayments will be for your fixed term.

  • Expert advice

    Get the right help and advice you need to find the right mortgage and complete your application.

  • One free basic home valuation

    You'll receive one free basic home valuation with our first time buyer mortgage product.

  • Home insurance discount

    Get a discount on our Home and Contents Insurance, provided by RSA.**

  • No arrangement fee

    Keeping things simple. You don’t have to pay us a fee for arranging your mortgage.

  • No funds transfer fee

    No additional fee applied for transferring your mortgage funds at drawdown.

* Available on mortgage loans less than £999,999. Cashback is paid on mortgage drawdown. Subject to status.

** Applies to new Home Insurance customers who have not claimed on their home insurance in the past 4 years and may not be used in conjunction with any other offer.

Our first-time buyer mortgages

The table below highlights our range of first-time buyer only mortgage products. Other mortgages are available for those buying their first home, however the above first time buyer mortgage product benefits will not apply.

Question mark
Product name
Question mark
Max loan to value
Question mark
Initial rate
Question mark
Question mark
Variable rate thereafter
Question mark
The overall cost for comparison is
Question mark
Arrangement fee
Question mark
Early repayment charge
3 year fixed rate90%3.29%4.95%4.6% APR£0YesMorehide
3 year fixed rate95%4.49%4.95%5.0% APR£0YesMorehide

(Rates correct as at 28th January 2016)

* Standard Variable Rate

Saving for your mortgage deposit?

If you're already saving or planning to start, we offer our Help to Buy: ISA to get you into the habit of putting some money aside each month to save towards your first property.

Please refer to our Help to Buy: ISA webpage for more details*

* There are eligibility criteria and terms & conditions for the Help to Buy: ISA. The account holder must be a UK resident. The product is only available to first time buyers who have never owned a property.

You can also refer to to understand more about the benefits provided by the government.

Please note the Help to Buy: ISA is an optional account when applying for a first time buyer mortgage with us.

More help with mortgages

Girl planning her new home

Mortgage journey

We’ve created a range of tools and guides to help you understand the mortgage process.

Find out more about the mortgage journey


Financial considerations

Make sure you’re aware of the costs of buying a home and how many factors can influence the mortgage rate you get.

Find out more about financial considerations

Ready to apply?

Found a product you're interested in? Arrange a branch or phone appointment with one of our mortgage advisors.

Call to book an appointment
0800 022 4313

Not got time to talk right now?

Complete our online form and we'll call you back to discuss your enquiry .

Enquire online

Need more information

Our advisors are on hand to help with your mortgage queries.

Live chat with an advisor

Or call us on:
0800 022 4313

We're here:
Mon-Fri 8am-8pm, Sat 9am-5pm and Sun 10am-4pm