13/05/2026
Halifax has just launched a £5,000 deposit mortgage for first-time buyers — and it's a big deal.
For a long time, the deposit has been the thing standing between people and their first home. If you've been saving but felt like you were still miles away, this might change things.
Here's what the product looks like. You need a minimum of £5,000 saved as a personal deposit. The property needs to be under £300,000. There's no minimum income requirement, and it's open to both employed and self-employed buyers. It launches on Monday 18 May.
If you think this could be you, here's how we'd work together. We'd check whether you're eligible, look at what you can borrow, and get your mortgage in principle sorted so you can start viewing properties.
Get in touch however works best for you — call us, email, or come and see us in person at our Thame or Downley office.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.