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Best 3 Year Fixed Rate Mortgage for First Time Buyers

The chart below shows the best three-year fixed rate mortgage rates available for those who are first-time buyers at 90% LTV. You can personalise the chart by adding the value of the property you want to buy and the value of the mortgage you want to get. If you're not a first-time buyer, you can also search for remortgages and moving home mortgages.

 

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Best 3 Year First time Buyer Mortgages

Best 3 Year First time Buyer Mortgages

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We found 67 products in total, of which 16 have links to providers.

Press for help tip

Selecting ‘Provider Links First’ brings all products that you can apply for directly via Moneyfacts to the top of the chart in rate order. Products that do not have an ‘Go To Provider's Site’ button will appear below, again in rate order. Selecting an option from the drop-down will change the chart to list all products in order depending on the option you have selected, with the best rate being at the top. Products that have ‘Go To Provider's Site’ links will still be in the list but in rate position.

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  • first direct Fixed
    Rate
    5.18%
    5.18% Fixed for 3 years
    reverting to 6.99%
    APRC
    6.7%
    Max LTV
    90%
    Product Fees
    £490.00
    Initial Payment
    £947.50
    Total Over
    Check Eligibility
  • Nationwide BS Fixed
    Rate
    5.19%
    5.19% Fixed for 3 years
    reverting to 7.99%
    APRC
    7.5%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £948.43
    Total Over
    Go To Provider's Site
  • Yorkshire Building Society Fixed
    Rate
    5.24%
    5.24% Fixed to 31/08/2027
    reverting to 6.05%
    APRC
    7.3%
    Max LTV
    90%
    Product Fees
    £1,495.00
    Initial Payment
    £953.12
    Total Over
    Go To Provider's Site
  • first direct Fixed
    Rate
    5.38%
    5.38% Fixed for 3 years
    reverting to 6.99%
    APRC
    6.7%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £966.31
    Total Over
    Check Eligibility
  • Nationwide BS Fixed
    Rate
    5.54%
    5.54% Fixed for 3 years
    reverting to 7.99%
    APRC
    7.5%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £981.50
    Total Over
    Go To Provider's Site
  • Yorkshire Building Society Fixed
    Rate
    5.64%
    5.64% Fixed to 31/08/2027
    reverting to 6.05%
    APRC
    7.3%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £991.04
    Total Over
    Go To Provider's Site
  • Yorkshire Building Society Fixed
    Rate
    5.69%
    5.69% Fixed to 31/08/2027
    reverting to 6.05%
    APRC
    7.4%
    Max LTV
    95%
    Product Fees
    £995.00
    Initial Payment
    £995.84
    Total Over
    Go To Provider's Site
  • first direct Fixed
    Rate
    5.74%
    5.74% Fixed for 3 years
    reverting to 6.99%
    APRC
    6.8%
    Max LTV
    95%
    Product Fees
    £0.00
    Initial Payment
    £1,000.64
    Total Over
    Check Eligibility
  • Gen H Fixed
    Rate
    5.83%
    5.83% Fixed for 3 years
    reverting to 7.25% Variable
    APRC
    7.1%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £1,009.31
    Total Over
    Go To Provider's Site
  • Gen H Fixed
    Rate
    5.84%
    5.84% Fixed for 3 years
    reverting to 7.25% Variable
    APRC
    7.1%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £1,010.28
    Total Over
    Go To Provider's Site
Representative Example
Note

Mortgage Advice Bureau offers fee free mortgage advice for Moneyfacts visitors that call on 0808 149 9177 or email moneyfacts@mab.org.uk. If you contact Mortgage Advice Bureau outside of these channels you may incur a fee of up to 1%.

Any contractual relationship will be with Mortgage Advice Bureau.

Disclaimer

Credit will be secured by a mortgage on your property. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.

Provider Links

‘Go To Provider's Site’ links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use ‘Speak to A Broker’ links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go To Provider's Site' or 'Speak To A Broker' button, when you call an advertised number or when you complete an application following a link from our website.

What are three year first time buyer mortgages?

Many providers will offer those buying their first home a special mortgage deal - often referred to as a first-time buyer mortgage. Quite a number of these tend to also be fixed rate - that's to say that for a set period (three years in this example) your mortgage repayments are fixed at a certain level and will not change from month to month. This allows you to budget more effectively during the opening years of your mortgage.

How our best three year first time buyer mortgage comparison works

Understanding the comparison table for three-year fixed rate mortgages is simple: At the top are listed all those deals which you can apply for directly. These are identified by the 'Go To Provider's Site' button. Underneath these are all the other deals offered in the marketplace. Both types are listed in interest rate order. To reorder the whole table into rate order, just untick the box at the top of the search table.

 

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How to choose the best three year first time buyer mortgage deal for you

The question of which three-year fixed rate first-time buyer mortgage is best for you depends on a number of factors: firstly, there is the interest rate to be charged both over the fixed period and whatever this will revert back to once the fixed period has ended. Other considerations might be what benefits - such as free valuation or legal fees - the mortgage provider is offering.

Should I speak to a mortgage broker?

Mortgage brokers remove a lot of the paperwork and hassle of getting a mortgage, as well as helping you access exclusive products and rates that aren’t available to the public. Mortgage brokers are regulated by the Financial Conduct Authority (FCA) and are required to pass specific qualifications before they can give you advice.

 

Speak to an award-winning mortgage broker today

 

MAB is the preferred mortgage broker of MoneyfactsCompare

 

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Get friendly, expert advice free of charge as a visitor of MoneyfactsCompare

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Call 0808 149 9177 or request a callback

Mortgage Advice Bureau offers fee free mortgage advice for MoneyfactsCompare visitors that call on 0808 149 9177. If you contact Mortgage Advice Bureau outside of these channels you may incur a fee of up to 1%. Lines are open Monday to Friday 8am to 8pm and Saturday 9am to 1pm excluding bank holidays. Calls may be recorded.

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

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Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.