Is Buying Your First Home Even Possible? Here’s What First-Time Buyers Need to Know
You’ve saved, skipped holidays, and resisted takeaways—but still feel short of owning your first home in the UK.
Not enough deposit. Not enough affordability. Too many rules to follow.
For thousands of first-time buyers, this is not just frustrating—it’s common.
But things are changing. Lenders like April offer new routes to homeownership with flexible and fairer lending options for real buyers.
Meet April: Built for First-Time Buyers Who Want Certainty and Flexibility
Buying your first property brings both excitement and stress. These are the common questions most new buyers are asking:
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What if interest rates rise suddenly?
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Will I face penalties for moving soon?
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How much is the deposit?
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Can I afford the repayments over time?
April answers these questions with a modern mortgage, designed for first-time buyers trying to buy their first UK home.
Why First-Time Buyers Are Choosing April
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0% Deposit Mortgages – You could borrow 100% of the property value if you meet the criteria.
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10- or 15-Year Fixed Rates – Lock in your monthly payments and plan with confidence.
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No Early Repayment Charges – Sell or move without paying extra fees.
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Automatically Reducing Rate – Your interest rate goes down as your loan-to-value improves.
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Unlimited Overpayments – Pay more whenever you’re ready to reduce your mortgage quicker.
April gives control without tying you down. The product suits first-time buyers who value certainty but don’t want to feel restricted.
The Struggle Is Real: First-Time Buyer Stats You Need to See
Many renters can’t save while paying today’s rent. Here’s what the latest UK figures show:
| Statistic | Figure |
|---|---|
| Average deposit needed | £53,414 (Halifax, 2024) |
| Average house price for first-time buyers | £288,136 (ONS, 2024) |
| Buyers needing help from family | 61% (Legal & General, 2023) |
| Renters who believe they’ll never buy | 40% (Zoopla, 2024) |
| Mortgage rejection rate | 22% (Experian, 2024) |
A large number of potential buyers are priced out, even though they can afford monthly repayments.
So What Are Your Options?
Most buyers assume they must:
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Save at least 10% of the purchase price,
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Take a 2- or 5-year fixed rate,
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Remortgage every few years and pay new fees,
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Hope the market stays stable.
But that approach doesn’t work for everyone anymore.
April changes the model, offering a mortgage that fits around how people live today.
Real-Life Example: The Flexible Fix That Works
Chloe and Liam, both aged 28, rented in Manchester. Despite a steady income, they couldn’t save enough for a deposit.
With April’s 0% deposit mortgage, they bought their first home:
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No upfront deposit required,
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Fixed monthly payments from the start,
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The ability to move in five years—no early repayment charge,
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Their rate dropped automatically after their loan-to-value improved. Read more
They finally owned a home without needing to delay for years.
First-Time Buyers Deserve More Than Just a Chance
Mortgages should reflect today’s challenges, not just repeat the same rules from decades ago.
April provides:
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0% deposit options for eligible buyers,
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Fixed payments over the long term,
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No charges for overpaying or selling early,
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A rate that can fall, not just rise.
Ready to Find a Mortgage That Works For You?
Visit Connect Mortgages or speak to a qualified mortgage adviser. Find out if April’s flexible product could suit your next move.
0% deposit. 100% ownership. Certainty that adapts.
For brokers needing access to April mortgages, click here.
Thank you for reading our publication “A First Time Buyer Solution | April Mortgages.” Stay “Connect“-ed for more updates soon!
