Information on first time buyer mortgages - March 2025

Proportions of LTV bandings for first-time buyers.

1. Proportions of LTV bandings for first-time buyers.
2. Average LTV (percentage e.g., 90%) across first-time buyers.
3. Proportions of income multiple bandings for single and joint first-time buyers.
4. Average income multiple (e.g. 4.49) for both single and joint first-time buyers.
5. Average income multiples by household income bands (e.g. £0-9,999, £10,000-19,999, £20,000-29,999 etc.) for single and joint applications for first-time buyers.

We can confirm that we hold the requested information, which can be found in the below Annex A.