The average first-time buyer home in the UK now costs around £226,000, with typical deposits at £63,855, although this varies significantly by region, according to research by unbiased.com.
This year, house prices have remained relatively resilient, with annual growth of 1–3%, while mortgage rates have stabilised after earlier volatility. Despite this, affordability remains stretched for many aspiring homeowners.
As a result, the role of brokers - and the lenders behind them - has never been more important. Through tailored underwriting, product innovation, and a human approach, more first-time buyers can take that crucial first step onto the ladder.
A changing landscape
Since the closure of Help to Buy, first-time buyers have increasingly turned to alternatives such as Shared Ownership, Joint Borrower Sole Proprietor (JBSP), and family-assisted lending.
Demand remains strong, with first-time buyers accounting for over half (54%) of all mortgaged purchases in 2025.
Alternative routes gaining momentum
Shared Ownership continues to play a vital role:
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70% of purchases are made by first-time buyers
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Demand rose 39% year-on-year in 2025
Family-assisted lending is also increasingly important. Buyers with family support can purchase sooner, access higher-value properties, and often do so with lower incomes—making support from family less a “nice to have” and more a necessity.
Where flexible lenders like us can make the difference
First-time buyers are not a one-size-fits-all group. Lenders that offer flexibility are best placed to support brokers and their clients. At Newbury, we support clients who may:
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Have limited credit history
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Need additional borrowing capacity
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Be early in their financial journey
A JBSP mortgage can provide a practical route into homeownership by allowing additional income to be considered without affecting long-term ownership.
We also offer:
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Flexible, case-by-case underwriting
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Multi-term and tailored product structures
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Expertise in Shared Ownership and Help to Buy remortgages
With over 20 years’ experience in specialist lending, we’re well placed to guide brokers and their clients with confidence. We’re ready to help you find the right solution for your clients.
Don’t forget
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Instant chat service for brokers
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No credit scoring – every case assessed on individual merit
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Tailored underwriting for every application
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Dedicated BDM support - book an appointment with one today!
*Data, links and figures correct as at 19 May 2026.