Sub-4.2% mortgage rates are back, and we’re helping first-time buyers to get on the ladder. In under 10-minutes discover how much you could really borrow. Plus see indicative monthly repayments and interest rates.

Discover your buying budget

4.82% based on a 60% LTV, 5-year fix. Fees of 1474.0 apply. Rates are not guaranteed and may have changed by the time you come to apply. Eligibility criteria may vary by lender. Accurate as of 12 April 2026.

Trustpilot

Discover how much you can really borrow.

I want to

Purchase

Remortgage

My household income is

I’ve a deposit of

Property price

If you’re unsure enter an estimate

£82,000 Average Affordability Boost

Voted the UK's Best Mortgage Broker

Available 7-days a week, plus evenings

Trustpilot

Compare 20,000+ mortgages from over 100 lenders

I want to

Purchase

Remortgage

Mortgage Type

Residential

Buy-to-Let

Property value

Deposit size

LTV: 60.00%

The interest rates shown are an indication only and are not guaranteed. Current rates may have changed by the time you come to apply.

Getting started with Tembo

Get your mortgage underway in 3 simple steps

Discover your true affordability

We compare your eligibility for over 100 lenders and specialist first time buyer mortgage schemes in seconds. We'll generate a recommendation that reveals your true borrowing potential.

Compare live rates & repayments

Your recommendation will show live interest rates & indicative monthly repayments for mortgages, as well as standard schemes. Plus video explainers, so you can confidently assess your options.

Speak to an expert in 5-minutes

Book in a free, no-obligation call with one of our award-winning experts. They'll answer all your mortgage questions, and set you up with a dedicated advisor as soon as you're ready to progress on your home buying journey.

These first time buyers loved their experience with Tembo

Got questions? We've got answers

See all FAQs

Frequently asked questions

Typically, first time buyers would be expected to put at least 5% of the full property price down as a deposit. Although some mortgage products may require you to put down more than this, sometimes as much as 15% or 20% of the cost of the home.

Typically, you can borrow between 4 to 4.5 times your salary for a mortgage as a first time buyer. If you're buying with someone else like a partner, this will be based on your combined salary. However, how much you are offered depends on your affordability, which is impacted by things like your credit score, existing loans and spending. There are schemes that allow first time buyers to borrow more, for example a 5.5x Income Mortgage lets you borrow up to 5.5x your salary for a mortgage. While a Professional Mortgage lets you borrow up to 5.5 or even 6.5 times your salary.

Create a Tembo plan and in under 10 minutes you can find which schemes you are eligible for. We search over 100 lenders & specialist schemes to find the best solution for you

See all FAQs

Tembo is a multi-award winning savings & mortgage platform, on a mission to help first-time buyers, movers & remortgagers overcome the affordability gap. We’ve already helped thousands to save a deposit sooner and make home happen.

Trustpilot

Support
Get a recommendation
Login
FAQs
Terms & Conditions
Privacy Policy
Cookie Policy
Transparency
Complaints
Legal documents

Solutions
Low deposit mortgages
Guarantor mortgages
Remortgage
Buy to Let
Cash Lifetime ISA
Stocks & Shares Lifetime ISA
Cash ISA

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year

Important to know

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE.

For insurance business we offer products from a choice of insurers. Tax treatment depends on individual circumstances and may be subject to change in the future. The 25% bonus and tax-free benefits of these accounts depend on government policy and tax rules, which can change at any time.

Mortgages and Insurance

Tembo Money Limited (12631312) is a company registered in England and Wales with its registered office at 18 Crucifix Lane, London, SE1 3JW. Tembo is authorised and regulated by the Financial Conduct Authority under the registration number 952652. See full details of all claims and figures shown on this website at our Transparency page. You may have to pay an early repayment charge to your existing lender if you remortgage. Tembo typically charges a fee for its mortgage advice, payable on mortgage offer, which ranges from £299-£749.

Savings

If you open a Tembo Stocks & Shares Lifetime ISA, the value of your investment could go up as well as down. Past performance is not a reliable indicator of future results, and your capital is at risk, meaning you could get back less than you put in. We do not provide investment advice, so please be sure that investing is right for you by making your own decisions or seeking advice.

Tembo, Tembo Savings, Tembo Cash ISA, Tembo Lifetime ISA, Tembo LISA and Nude are trading names of Tembo Savings Limited, which is authorised and regulated by the Financial Conduct Authority (FRN: 928010) and registered as an account information services provider (FRN: 913654). We are a private limited company registered at 18 Crucifix Lane, London, SE1 3JW, with registration number 12008146.

First-time buyer mortgages from 4.82%

Discover how much you can really borrow.

£82,000 Average Affordability Boost

Voted the UK's Best Mortgage Broker

Available 7-days a week, plus evenings

Compare 20,000+ mortgages from over 100 lenders

Getting started with Tembo

Discover your true affordability

Compare live rates & repayments

Speak to an expert in 5-minutes

These first time buyers loved their experience with Tembo

Got questions? We've got answers

Frequently asked questions

How much can a first time buyer borrow?

How can I find out if I’m eligible?