On your own
Boost your buying budget without a loved one’s help.
Guarantor Mortgages
Boost your buying budget with the help of family or friends.
Remortgage
Release equity, borrow more or access better rates.
Part Buy, Part Rent
Buy a share of a home and pay rent on the rest.
Standard Mortgage
Buy a home with a repayment mortgage
5.5x Income
Increased borrowing for first-time buyers
Professional Mortgage
Increased borrowing for professionals
Dynamic Ownership
Co-buy with friends or siblings
Deposit Unlock
Buy a new-build home with a 5% deposit
Armed Forces Help To Buy
Borrow up to £25,000 as an interest-free loan
Skipton Track Record Mortgage
Use your track record of paying rent to get a 100% mortgage
London house buying guide
Want to buy a house in the capital but unsure where? Our house buying guide will tell you all you need to know about buying in London. If you want to see how you could boost your budget, create a free Tembo plan today for a personalised recommendation, or try out our Mortgage Calculator.
£524,300 Average Property Price
-0.2% Annual House Price Change
£82,000 Average Affordability Boost
Where should I buy in London?
London is a big place, and unless you already know where you want to buy, choosing somewhere can be a minefield. Do you look for an chic apartment in Battersea, or do you go for a family home in the leafy suburbs of Herne Hill?
In either case, look for locations that have great transport links, investment or regeneration projects and any other criteria that you need like access to good schools or green spaces. We've listed our top 3 places to buy in London below to help get your search started.
If you're struggling to buy in London, we can help
At Tembo, we specialise in helping buyers boost their mortgage affordability, so they can discover their true buying budget. To see what you could afford, create a free Tembo plan to get started.
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Rotherhithe
Rotherhithe has so far missed out on regeneration projects, despite being a stone's throw from Canary Wharf and the nearby Bermondsey.
However this is all set to change with a £3.3bn regeneration plan for nearby Canada Water. Over the next 15 years, British Land will transform the 53 acres of riverside into a brand-spanking new town centre, complete with 3,000 net-zero new homes for sale in early 2023, to be completed in 2024.
Alongside the new homes, there's also to be new entertainment facilities, commercial spaces, and a new broadwalk around Canada Dock.
There's already plenty of riverside pubs for a cheeky weekend drink, as well as green spaces like Stave Hill Ecological Park and Southwark Park. You could even learn to sail, paddle board or even windsurf at Surrey Docks Fitness and Water Sports Centre!
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Finsbury Park
Finsbury Park in north London has shrugged of its old reputation of being basic, and in recent years has become a popular house buying spot for young Londoners.
In place of the cheap, wholesale fashion shops which once characterised the area are now snazzy wine bars, cute cafes and up-and-coming restaurants including sourdough pizzerias, delis and gastropubs.
Close to Islington and Camden, the area is a favourite among professionals looking to buy a place of their own.
But it's not all work - the area not only boasts the eponymous park, but is also not too far from the Woodberry Wetlands nature reserve and Clissold Park.
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Brent Cross
Brent Cross in Barnet is currently undergoing a £8bn project that will see 6,700 new homes, parks, sports facilities, and public spaces be developed in the area over the coming years.
The so-called Brent Cross Town development is an impressive 15–20 years project - in fact the first new homes are already available for sale, with prices started from around £400,000.
This year, the Brent Cross West station is also set to open along the Thameslink line, with services to King's Cross.
For those who want a pre-owned home, Hendon’s streets offer good value early 20th century houses that start around the £600,000 mark for a three-bed.
See today's best interest rates
If you're in a hurry to buy, make sure you don't miss out on the best mortgage rates from our panel of lenders. See today's current rates with our Interest Rate Tracker, or create a free Tembo plan for a personalised rate.
Interest Rate TrackerStruggling to buy a home in London? We can help
Tembo specialises in helping buyers and home movers boost what they can afford so they can buy sooner. Create your free Tembo plan today for a personalised recommendation.
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The application process
4 simple steps to getting the keys to your new home
Make a Tembo plan
Check your eligibility for a range of buying schemes, and get a personalised recommendation with interest rates and repayments in under 10-minutes.
Talk to an expert
Book a call with our experts to complete the qualification process, and we’ll cover off any questions you might have about any of the budget boosting schemes we advise on.
Find a property
Once you’ve found a property, your dedicated advisor will undertake full affordability checks to prepare the mortgage application. Then we’ll submit it on your behalf!
Make home happen
During conveyancing, we’ll liaise with the seller and your solicitors to ensure a smooth purchase. We’ll also provide a free protection review for your insurance needs.
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Data sourced from Zoopla's June 2023 House Price Index and Rightmove property prices. Accurate as of 06/07/2023.