First time buyer loans

Exciting times, your offer has been accepted and your mortgage is in place. If you’re almost there but need some help on the final stretch, we may be able to help.

Apply for a decision in principle today.

Apply today

Representative Example (4% fixed interest rate, Representative 4.2% APR).

Loans are subject to status and are typically protected by a Title Restriction.

Borrow £5,000 over 60 months, £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction against your property at the Land Registry. The £20.00 fee is only payable if a loan is agreed by Lendology and you decide to proceed with a loan. We do not charge interest on the fee. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. This is a financial promotion approved by Lendology CIC. Missing payments could affect your credit rating and ability to obtain credit in the future.

With no criteria on the type of property you’re buying, our first-time buyer loan can help you start your journey as a homeowner.

What do you need?

If you are looking at buying your first home, but need an extra cash injection to realise your dream, our first time buyer loan scheme may be the answer you have been looking for.

Apply for a decision in principle today.

Apply today

  • Solicitors fees
  • Moving costs
  • Repairs and renovations

Who can apply?

If you have saved towards your first home but have a shortfall in funding, our first time buyer loan may be able to support you. The loans can be used to top-up a deposit or cover the costs of moving such as solicitors fees or repairs to your first home.

Apply for a decision in principle today.

Apply today

  • Live or work in North Somerset
  • Live or work in Somerset
  • Self-employed

What do we offer?

With fixed interest, no early repayment charges and the option to make overpayments at any time, our flexible loan scheme can be tailored to help you with the final stretch if you’re buying your first home.

Apply for a decision in principle today.

Apply today

  • Borrow between £1,000 – £10,000
  • Representative 4.2% APR
  • Up to 10-year repayment term
  • No early repayment charges
  • Flexibility to make overpayments of £100 or more

Loan Calculator

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How much would you like to borrow?

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Interest rate

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Monthly payment

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Land registry fee

£20

Interest payable

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Total amount payable

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Apply today, to discuss your circumstances and eligibility

Apply today

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