First Time Buyers

A First Time Buyer (FTB) is somebody who has not previously owned a property either in the UK or abroad. If an applicant has inherited a property then they can still be classed as a First Time Buyer for mortgage purposes.

To qualify for a FTB product, one applicant must not have previously bought or owned a property*.

*Not available on porting applications, please key the FTB as “Existing TSB Borrower” on these cases.

Why choose TSB for First Time Buyers
Maximum 95% LTV including applicants with settled/pre-settled status £500 cashback on fixed rate mortgages between 85-95% Enhanced affordability Terms up to 40 years Free standard valuation Portable products 10% overpayments allowance on fixed rate products Unlimited overpayments on tracker products Family gifted deposits accepted Affordable Housing schemes available Subject to product availability

Why choose TSB for First Time Buyers