Mortgages for first time buyers - Nationwide
Find out about first time buyer mortgages, including working out much you can borrow, how much you need for a deposit, and get help if you need to borrow more.
www.nationwide.co.ukNo-deposit routes exist for first-time buyers, with lenders offering 100% or near-100% deals in some markets, and cashback or deposit-relief incentives for eligible applicants. Common patterns include 100% LTV mortgages for qualified buyers (often with age, income, and affordability criteria) and fixed-rate terms for a set time; government or lender programs can offer deposit relief or cashback on completion. Eligibility usually requires a period of rent payment history, no prior owned property within a specified window, and property type restrictions. Offers vary by country, and programs change over time. Consult local lenders’ pages for up-to-date terms and eligibility. Examples show some UK lenders publicly advertise 100% or near-100% options or cashback schemes for first-time buyers, along with guidance on deposits, stamp duty relief, and affordability calculations. Always verify with local lenders for Milan or broader Italy, as programs differ by region and policy.