First Time Buyer Mortgages
Get on the ladder with our range of low deposit and cashback mortgages.
Royal Bank mortgages are available for over 18s
Your home may be repossessed if you do not
keep up repayments on your mortgage
Get started with our first time buyer mortgage calculators
Compare rates and monthly repayments
See our first time buyer mortgage rates, including 5% deposit and cashback mortgages, and compare monthly repayments and deals.
Find out how much you could borrow
If you have your eye on a property, an Agreement in Principle puts you in an ideal place to begin searching for your first home with confidence.
✔ Easily compare mortgage rates and deals
✔ Get an indication of the monthly repayment
✔ A personalised indication of how much you could borrow
✔ No impact on your credit file
First time buyer offers and schemes
95% Mortgages
You could borrow up to 95% of the value of the property you wish to purchase, with a deposit of at least 5% but less than 10%.
The property you’re purchasing should be worth less than £600,000 and not a new build property.
Cashback Mortgages
Choose any 'cashback' mortgage deal, apply with us and we’ll pay between £250 to £500 cashback to your solicitor on the day you drawdown your mortgage.
The offer is only available on selected mortgages marked with ‘cashback’ and can be changed or withdrawn at any point. Early repayment charges may apply. Max LTV 90%.
Home Insurance
Did you know you need buildings insurance when buying your first home?
Owning your home is likely to be your biggest life purchase, it's important you have the right level of home insurance cover.
Whilst you do not have to take out a policy with Royal Bank of Scotland, why not take a look at our options?
How to apply
In branch
Meet with a qualified mortgage adviser at your local branch and get advice on which mortgage is best for you.
You’ll need to make an appointment in advance by giving us a call or popping in to branch.
Your appointment will take around 2 hours.
By phone
Talk with a member of our mortgage team over the telephone.
We’ll talk you through the process and arrange a phone appointment with a qualified mortgage adviser.
Your appointment will take around 2 hours.
Online
Apply online if you are comfortable in choosing a mortgage without advice from us.
You won’t benefit from the protection provided by our advised service.
You cannot apply for a Right to Buy, shared equity, interest only or 95% mortgage online.