Buying your very first home

If you’re a first time buyer, find out how we can help you get your foot on the property ladder with a range of products to suit your needs. Buying your first home means making big decisions – where should you live? Which property should you make your home? How will you pay for it? The answers are up to you, but Darlington Building Society is here help you feel more confident making those big decisions.

Click here to go straight to our latest rates for First Time Buyers.

Your mortgage is secured on your home. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Know what you can afford

It is not in your or our best interests for you to borrow more than you can afford to repay. Our current policy is to carry out a financial assessment based on your ability to keep making monthly repayments and the value of the property you are using as security. To help us make our assessment we will ask you for details of all your income and expenditure.

The deposit

Depends on the value of the property you wish to buy and the amount of your loan compared to the valuation of the property. (The loan-to-value is shown as a percentage).

Each mortgage product requires a different deposit so please speak to one of our friendly Mortgage Advisors to find out more.

Monthly payments & affordability

There are many factors which can influence what you will pay on a monthly basis and what you can afford. Our helpful mortgage calculator will be able to help you with this but as always our friendly Mortgage Advisors are on hand to help.

Do some calculations

Additional costs

You may have to pay the following when you are buying a home and getting a mortgage.

• An estate agent’s fee.
• Legal fees.
• An application fee, product fee or any other fees which are detailed in the key facts illustration.
• A valuation fee.
• A higher lending charge.

Your key facts illustration includes details of all the other relevant costs relating to your mortgage. If any of our administration fees change, we will send you notice of these at least once a year.

Check out our First-Time Buyer rates

We aim to cater for people buying their first home with mortgage products suited for your needs. We also have products specifically for HM Government Help to Buy scheme.

See the deals

Start your application

If you're ready to start your application then click below to proceed. Make sure you have everything you need in order to quicken the process.

Ways to apply

We know buying your home can be tricky so we have broken down the process to help you understand it better.

Guide to the home-buying process

Don't take our word for why you should consider a mortgage from Darlington Building Society. Have a read at what some of our customers have to say.

What members say about us

Here you can pay your mortgage related fees online.

Pay application fees online

Society Wide Representative Example

A mortgage of £120,000.00 payable over 25 years initially on a discount variable rate for 2 years at 2.59% and then on our current Standard Variable Rate of 5.70% (variable) for the remaining 23 years would require 24 monthly payments of £545.65 and 276 monthly payments of £738.12.

The total amount payable would be £216,916.72 made up of the loan amount (£120,000) plus interest (£96,408.79) plus product fee £289, account fee of £120 and mortgage exit fee of £100.

The overall cost for comparison is 5.3% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.